Frequently Asked Questions
General
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The FAFSA is the Free Application for Federal Student Aid, used to determine eligibility for federal, state, and institutional financial aid.
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Any student who wants to be considered for financial aid, including grants, work-study, and federal student loans, should complete the FAFSA.
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The FAFSA opens on October 1 each year, and deadlines vary by state and school. Submitting as early as possible maximizes your chances of receiving aid.
Eligibility and Dependency
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Eligibility depends on factors like financial need, citizenship status (U.S. citizen or eligible noncitizen), enrollment in an eligible program, and maintaining satisfactory academic progress.
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You’re considered dependent unless you meet specific criteria, such as being 24 years old, married, a veteran, or having dependents of your own.
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Provide information for the parent you lived with the most during the past 12 months. If time is equal, use the parent who provided the most financial support.
Documentation Needed
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You’ll need:
Social Security Number (or Alien Registration Number for eligible noncitizens)
Tax returns for you and your parents (if dependent)
W-2 forms and other income information
Records of untaxed income (e.g., child support received)
Bank statements and investment records
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Only if you qualify as an independent student. If you don’t qualify, but your parents refuse to provide their information, you won’t be eligible for most federal aid.
Financial Information
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Yes, if you are a dependent student. If independent, only your (and your spouse's, if applicable) income is required.
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Complete the FAFSA with the required tax information, then contact your school's financial aid office to request a professional judgment for special circumstances.
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Report savings, checking account balances, investments (excluding retirement accounts), and real estate (excluding your primary residence).