Applying for FAFSA: A How-To Guide
Congratulations on starting your journey to higher education! While a new chapter of your educational career is exciting, figuring out the financial aspects can feel a little daunting at times. Fortunately, programs like the Free Application for Federal Student Aid (FAFSA) serve as a great route for students seeking financial assistance. If you're new to the FAFSA process, don’t worry! Our go-to FAFSA guide will walk you through the steps to get started including what documents you'll need and where to find additional information.
How to Apply for FAFSA
These are the first and most important steps when applying for financial assistance. Some of the forms can feel a little convoluted, so here are some straightforward steps to keep in mind when you’re getting started.
Step 1: Create an FSA ID
Before you dive into your application, you'll need to create a Federal Student Aid (FSA) ID. This is your electronic login that grants you access to federal student aid online systems. Both you and one of your guardians (such as a parent or caretaker) will need separate FSA IDs. Visit fsaid.ed.gov to set up your account information.
Step 2: Compile the Necessary Information
This application requires essential documents and information about your personal history. This includes your Social Security Number (SSN), driver's license (if you have one), federal income tax returns, W-2 forms, bank statements, and records of any investments or untaxed income.
If you are still a dependent student, you will need the same documentation from your parent(s) or guardian(s) as well. FAFSA also asks for the list of colleges you are interested in attending. You can add up to 10 schools when you apply.
Step 3: Complete and submit your FAFSA Application
Once you have all the information needed, head to the official FAFSA website at fafsa.ed.gov or use the myStudentAid app. The application is available starting October 1st for the upcoming academic year and must be updated each year. After completing your application, make sure all your information is correct as any errors could delay your financial aid process. Once you have reviewed and submitted your forms, you will receive a confirmation email.
Step 4: Review and Correct
After submission, you will receive your Student Aid Report (SAR). This document summarizes all of the information you provided on your FAFSA application and shows your Expected Family Contribution (EFC). If you notice any changes that need to be made, log back into your FAFSA account and make corrections.
Step 5: Additional Aid Opportunities
While FAFSA is crucial for federal aid eligibility, exploring other scholarship and grant opportunities is also a great idea! Research and apply for scholarships offered by your college, private organizations, and community groups to open yourself to even more financial aid opportunities. If you are not sure where to start, a school counselor can help you identify scholarship opportunities.
Where to Find Additional Information
There are many great resources available to students, parents, and guardians to find additional financial aid information. Here are a few places you can check for further details before starting, or even during, the process of applying for FAFSA.
FAFSA Website
The official FAFSA website, studentaid.gov, is a wealth of information, offering further guidance, FAQs, and even more resources to assist you through the process.
Financial Aid Offices
Reach out to the financial aid office at your prospective colleges or universities. They can provide personalized one-on-one assistance and answer any specific questions.
Local Community Resources
There are often community centers and educational organizations that host workshops or provide assistance for students. At CBLT, we offer free workshops for students and their families to learn how to apply for financial aid and save money on their education through Dual Enrollment courses. To learn more about our upcoming workshops, please check out our events calendar.
Get Started
When applying for financial aid, breaking down the process into manageable steps can make the journey easier. By gathering the necessary information, you will be well-equipped to take the first steps toward your educational aspirations. Remember, there is always assistance available every step of the way, so don't hesitate to reach out for further support!
