FAFSA
Free Application for Federal Student Aid
Free Application for Federal Student Aid
2024-2025 FAFSA Night Slideshows
FAFSA Resources
U.S. Department of Education resources:
FAFSA prototype (https://fsapartners.ed.gov/fafsa-prototype/2425)
Access code: prototype2425
This gives the user the ability to go through the Better FAFSA® step-by-step. It is nice that it gives a comprehensive view, but it does not allow for the user to skip around, nor does it provide insight or details about the questions.
FAFSA Changes Overview Fact Sheet (Dept of Ed)
FAFSA resources page
This has resources being rolled out as they’re created, so it’s a smattering of old (2023-24) and new (2024-25).
Some that I would recommend is the “Who is my parent when I fill out the FAFSA® Form?” (.pdf file), What’s Changed for the 2024-25 FAFSA® Form?, Who is a Contributor on the 2024-25 FAFSA® form?, and How to create an Account and Username (FSA ID) (all videos).
Federal Student Aid estimator
This has been updated to reflect the 24-25 methodology.
Sallie Mae FAFSA & general resources:
FAFSA® Guide (https://salliemae.com/fafsaguide)
The FAFSA® is undergoing generational changes and, although it will be released by December 31st, there are still a lot of questions and uncertainty about what it will look like, why questions are being asked, and how to answer them. Because of that, Sallie Mae has developed a FAFSA® Guide to give users a preview of what the FAFSA® will look like, but also insight as to why the questions are being asked, if the user can skip them, and insights as to how to answer it, based on their situation.
Webinars (https://salliemae.com/events)
YouTube is great, but sometimes you need more in-depth information. Our webinars provide in-depth, topic specific information for those who really want to dig in. Topics are delivered live (registration required) with expert Q&A, but recorded sessions can also be accessed for those who cannot attend live.
Industry Professionals Page (https://salliemae.com/industryprofessionals)
This is essentially our content hub for industry professionals – content specifically for them (ASCA Alliance Partnership), but also content that will benefit them and their students and families to prepare for college.
YouTube Channel (https://www.youtube.com/c/salliemae)
We know different people receive information differently, which is why we’ve developed our YouTube channel and filled it with unique content for students and families to learn something about specific topics in a fun and engaging way. From our award winning Hacked series, to Campus Underground and Pixels+, there is something here for everyone, regardless of where they are in their post-secondary journey.
Sound Mind (https://www.youtube.com/watch?v=tvMpZeXMq-A; https://open.spotify.com/artist/3XhnuxbgsotULYX4Derqzx)
Planning and paying for college can be stressful, which is why we partnered with several LoFi beats artists to create Sound Mind, a LoFi beats playlist clinically proven to help listeners relax and focus while dealing with life’s stress!
Scholly (https://myscholly.com)
One of the newest members of the Sallie Mae family, Scholly was acquired in late July, and is the number one scholarship app in the Apple and Google Play stores. Mobile first, this free platform allows students to search for scholarships based on their unique characteristics, from background to interests, Scholly helps find scholarships for the unique you!
Scholarships
These do not need to be paid back and may be issued by a college/university, state governments (ex. the Millennium Scholarship), local organization/person, or national program (ex. National Merit Scholarship)
Grants
These do not need to be paid back and may be issued by the government or directly from a college.
Work Study
Colleges/universities may provide reduced tuition if a student maintains a job at the institution.
Loans
This money will need to be repaid (usually with interest). It is recommended that you explore all options above before using money from loans for college.
You will have the best chance of receiving scholarships, grants, work study and loans if you fill out the FAFSA!! Most colleges will require the applicant and their family to fill this out to receive any type of financial aid. For help filling out the FAFSA, see below.
Student AND parent must first obtain a FSA ID number – https://fsaid.ed.gov/npas/index.htm
FAFSA form – www.fafsa.ed.gov
Your Social Security number (it’s important that you enter it correctly on the FAFSA!)
Your parents’ Social Security numbers if you are a dependent student
Your driver’s license number if you have one
Your Alien Registration Number if you are not a U.S. citizen
Federal tax information or tax returns from 2019 including IRS W-2 information, for you and your parents, if you are a dependent student:
IRS 1040, 1040A, 1040EZ
Foreign tax return
Records of parents’ untaxed income, such as child support received, interest income, and veterans non-education benefits, for you, and for your parents, if you are a dependent student
Information on cash; savings and checking account balances; investments, including stocks and bonds and real estate but not including the home in which you live; and business assets for you, and for your parents if you are a dependent student
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