Embedded Files
Colleges and career schools use the FAFSA to determine how much financial aid you qualify for. Complete the FAFSA every year to be considered for grants, scholarships, work-study, and student loans.
The 2027–2028 Free Application for Federal Student Aid (FAFSA) opens on October 1, 2026. It covers the academic year spanning from fall 2027 through spring/summer 2028. Applicants should submit the form as early as possible on the official Federal Student Aid Website to secure maximum state and institutional aid
Types of Federal Aid from FAFSA
GRANTS
Money for college that usually does not have to be repaid. They are often based on financial need and can help pay for tuition, fees, books, housing, and other college expenses.
FEDERAL PELL GRANT
One of the most common grants for undergraduate students with financial need. For the 2026–27 award year, the maximum award is $7,395, but the amount you receive depends on your financial situation.
FEDERAL WORK STUDY
Gives eligible students the chance to earn money through a part-time job while they are in school.
LOANS
Federal student loans are borrowed money that must be paid back with interest. it is important to understand the amount, interest, and repayment terms before accepting them.
TYPES OF LOANS
Direct Subsidized Loans
Direct Subsidized Loans
Available to eligible undergraduate students with financial need. The government pays the interest while you're enrolled at least half-time.
Available to eligible undergraduate students with financial need. The government pays the interest while you're enrolled at least half-time.
Direct Unsubsidized Loans
Direct Unsubsidized Loans
Available regardless of financial need. Interest begins adding up as soon as the loan is disbursed, even while you're in school.
Direct PLUS Loans
Direct PLUS Loans
Available to parents of undergraduate students to help cover college costs not paid by other financial aid.
What You Need Before Starting The FAFSA:
Your Information
StudentAid.gov account (FSA ID)
Social Security number
Personal email and phone number
List of colleges you want to receive your FAFSA
Financial Information
Bank account balances
Federal tax information and records of income
Parent/Contributor Information
Parent or contributor information, if required
Contributors will need their own StudentAid.gov account
Tip: Some tax information can be transferred directly from the IRS, making the FAFSA easier to complete.
What is the Student Aid Index (SAI)?
The Student Aid Index (SAI) is a number created from the information on your FAFSA. It helps colleges determine your financial aid eligibility.
How Is It Used?
Your SAI is sent to the colleges you list on your FAFSA. Schools use it to decide the types and amount of financial aid you may receive.
Additional FAFSA Resources
Page updated
Google Sites
Report abuse