Frequently Asked Questions

General

  • The FAFSA is the Free Application for Federal Student Aid, used to determine eligibility for federal, state, and institutional financial aid.

  • Any student who wants to be considered for financial aid, including grants, work-study, and federal student loans, should complete the FAFSA.

  • 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

  • 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.

  • You’re considered dependent unless you meet specific criteria, such as being 24 years old, married, a veteran, or having dependents of your own.

  • 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

  • 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

  • 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

  • Yes, if you are a dependent student. If independent, only your (and your spouse's, if applicable) income is required.

  • Complete the FAFSA with the required tax information, then contact your school's financial aid office to request a professional judgment for special circumstances.

  • Report savings, checking account balances, investments (excluding retirement accounts), and real estate (excluding your primary residence).