FAFSA is the Free Application for Federal Student Aid. It is an application for grants, loans and work-study funds provided by the federal government. It is important to apply if you are in need of assistance paying for college. The application is free, usually takes around 30 minutes and is due March 10th in Indiana.
Before beginning, gather your social security number, Permanent Resident Card (if applicable), W-2 forms or records of money you earned for the previous year and tax returns. There are three categories of questions: personal, financial and parent information.
To Be Eligible You Must:
- Be a US Citizen or eligible non-citizen
- Have a valid Social Security Number
- Register with Selective Service if you are a male and 18-25 years of age
- Have a high school diploma or a General Education Development Certificate or pass an exam approved by the US Department of Education
- Be enrolled or accepted for enrollment as a regular student working toward a degree or certificate in an eligible program at a school that participates in the federal student aid programs
Steps to Completing the Application:
- Visit fafsa.gov and select English or Spanish
- Create a username and password called and FSA ID
- Begin filling out the application online, skipping the questions that do not pertain to you
- Automatically transfer tax data from the IRS into the FASFA if eligible (this will appear as an automatic transfer option for those who are eligible)
- Use the help and hints button in the lower right corner if you need help
- List up to 10 schools you are interested in attending
- Use your FSA ID to sign the form
- If you are required to submit parent information, your parent will need to sign the application with their own FSA ID
If you have any questions you can visit studentaid.gov.