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What is the FAFSA?

And why do you need to complete it?

• Federally Funded Aid

• State & City Funded Aid

• Institutional/College Backed Aid

• Aid from Private and/or Non-Profit Organizations

• Scholarships/Grants

FAFSA is the best place to start when figuring out finances for paying for college, and it's free. To qualify for many types of aid, you will need to complete an application. 

The FAFSA will give you access to scholarships & grants, work-study job opportunities, and federally funded loans. To learn more about how financial aid works, .

To complete the FAFSA, follow the steps below:

1. Both the student and a parent/guardian will need to create an FSA ID online

   • Once the student creates an account, log-out and let the parent/guardian create their account.

2. Once an ID is created for botht he student AND parent/guardian, the student can complete their FAFSA application

   • Parent(s) will need to have with them a copy of their tax return they filed in the spring, along with their social security number, driver's license number, records of untaxed income (such as child support, interest, etc.), and other banking/property information.

   • Students will need to have their social security number, and if they also filed for a tax return, they will need a copy of their return as well.

3. After you submit your FAFSA application, your application is processed and the results are sent electronically to the schools you listed on your application. You will also be sent a student aid report (SAR).

4. Once you receive your SAR, review it for accuracy. If you need to make corrections, you can log in online and use your PIN you created at the beginning of the application.

If you listed a school on your FAFSA and have been offered admission by that school, the financial aid office at the school will send you an award letter through your college portal or new email specifically created by the college. The award letter includes the types & amounts of financial aid you may receive from federal, state, and school sources. This combination of aid is your financial aid package.

Review each award letter carefully and compare the amounts and types of aid you receive at each school. Pay attention to letters or emails from schools, follow all directions, and contact the financial aid office if you do not understand what the school is offering you.

Schools must pay you at least once per term (semester, trimester, or quarter) or twice per year. Your school will:

• Credit your financial aid funds into your school account

• Pay you directly (either by paper check or directly depositing the funds into a bank account)

• Combine these methods (apply the money to your school tuition and fees first, then disburse the remaining funds to you)

 What does it mean when a scholarship asks for my FAFSA EFC number?

What is a Student Aid Report (SAR)?