• Completing the Free Application for Federal Student Aid (FAFSA®) is the first step toward getting federal aid for college, career school, or graduate school. FAFSA provide more than $150 billion in grants, work-study funds, and loans each year.

     

    What is the FAFSA Form?

    The Free Application for Federal Student Aid (FAFSA) is the first step in the financial aid process. You use the FAFSA form to apply for federal student aid, such as grants, work-study, and loans. In addition, most states and colleges use information from the FAFSA form to award non federal aid. 

     

    What information do students and families need to prepare to fill out the FAFSA?

     

    1. Create an FSA ID for parent and student.  The FSA ID is a digital signature that lets students and parents complete and update the FAFSA. For step-by-step instructions, watch How to Create an Account and Username (FSA ID) for StudentAid.gov.  Click here to create an FSA ID

    2. Your social security number. If you are not a US citizen, you’ll need your Alien Registration number. 

    3. Your federal income tax return. You may be eligible to transfer your tax information into the FAFSA form right away using the IRS Data Retrieval Tool.

    4. Records of untaxed income, such as child support, interest income, and veterans’ noneducation benefits.

    5. Records of your assets, including checking and savings account balances.

    6. List of schools the student is interested in attending. Add any school you’re considering, even if you haven’t applied or been accepted yet. 

     

    Once you’re ready, you have several ways to complete the FAFSA form, including the fafsa.gov website.

    Here is an extremely helpful video, 25 min length, of a complete walkthrough of the FAFSA by UtahFutures: Click here

    What happens after the FAFSA  is submitted?

    Once the student has been accepted into the colleges/universities that they’ve applied to, they will receive a financial aid award letter that outlines any scholarships, grants, and loans that the student may qualify for.  

     

    Watch this presentation about how to understand the financial aid letters