What You Need To Know About FAFSA
The earlier you file, the chances of you getting more grant money is very likely. In some cases, students who file early receive almost twice as much in grant money than those that wait until the last minute. That being said, the deadline for the 2018-2019 is rapidly approaching and is June 30, 2019 at midnight. It can be somewhat confusing. The chart below can be helpful in determining timeframes to file in and tax information that will be needed. Even if you don’t think you will qualify, you should still file. Millions of dollars in grant money can go unclaimed, if people dont’t file.
Filing early ensures that you don’t drop the ball on FAFSA deadlines for state and college aid, which may differ from the federal deadline. You may find state FAFSA deadlines at https://fafsa.ed.gov/deadlines.htm. Certain schools offering FAFSA might need to be contacted directly.
Here Is a List of What You Will Need For Filing FAFSA
The application process goes so much smoother if you have rounded up all the information that you need before beginning. Keep in mind that if you are a dependent student, or are married, you will need to include information on your parents and or spouse.
1)Social Security Number (or Alien Registration Number if you are not a US citizen)
2)Student’s driver’s license (if applicable)
3)Tax return for you (and your parents, if applicable) from the prior-prior year. For the 2018-2019 FAFSA, this is your 2016 tax return.
4)Bank statements, records of investments, and records of untaxed income (such as veteran’s non education benefits and child support)
5)An FSA ID to electronically sign the form (students and parents will each need their own FSA ID)
–>Go Here to get your FSA ID
Where to File the FAFSA
The FAFSA is accessible for filing online at https://fafsa.ed.gov. The FAFSA is always available at no cost, so be wary of websites or programs representing themselves as a federal site or charging a fee. Online filing will accelerate the approval process. You can apply for up to 10 colleges as well. The traditional paper application only allows for four colleges.
If you wish to file your FAFSA the traditional paper method, you can request a paper FAFSA (call 1-800-433-3243 or TTY 1-800-730-8914 to request) or complete the fillable PDF FAFSA. Keep in mind that your filing will take longer to process if you do it this way.