FAFSA is the Free Application for Federal Student Aid. When you submit this application, you can be considered for federal aid money in grants (Pell Grant) and loans (subsidized and unsubsidized) and some need-based scholarships and programs within universities. Even if you do not think you will qualify for aid, it is important to fill out the FAFSA because some schools require it for other funding opportunities.
I am here to help you throughout this process. Below is some general information regarding FAFSA. If you have any issues, questions, or concerns please reach out to me!
The FSA ID allows students and parents to identify themselves electronically to access Federal Student Aid websites. It also allows you to electronically sign your FAFSA and more quickly get it processed. It consist of a username and password.
Visit studentaid.gov to create your FSA ID.
Students and their parents/guardians MUST each create an ID.
Do NOT use your high school email address. Use a personal email.
Here is a video guide to help you throughout this process: www.youtube.com/watch?v=yj1Pn-shze8
Yes! Your parent/guardian does not have to have a social security number (SSN) for you to complete FAFSA.
When FAFSA asks for your parents/guardians' SSN, they must enter 000-00-0000. They will be unable to create a FSA ID or sign the FAFSA application electronically. Instead, you will print out the signature page before submitting the FAFSA application. Then you will mail in that page.
Click here for more information and answers to common questions.
First of all, congratulations! Completing the FAFSA can be overwhelming, but you did it and now you are one step closer to college!
After you submit the FAFSA electronically, your Estimated Family Contributed (EFC) which is the amount of money that a family is deemed able to contribute to their student’s college education.
The EFC, along with the results of the FAFSA, will be sent to the schools that you listed while completing the FAFSA. Schools that you are admitted to will then send you a Financial Aid Award letter. This letter will tell you the exact amount of grants, scholarships, and loans that you can expect to receive from the institution as well as any federal aid you will receive, such as Federal Pell Grants. In most cases, this letter will not include any outside scholarships you have received from community organizations, the school, or businesses.
Pell Grant: This is for students who are seen as needing financial need through their FAFSA. Students can receive up to $6,895 to pay for school each year. This money that does NOT have to be paid back.
Direct Subsidized Loan: This loan does not accrue any interest while the student is in school. It has a lower fixed interest rate and flexible repayment options for the student after they graduate college.
Direct Unsubsidized Loan: This loan begins accruing interest as soon as the student takes it out. It has a lower fixed interest rate and the student does not have to make payments while they are still in school.