What exactly is the FAFSA?
The Free Application for Federal Student Aid (FAFSA) is required to apply for federal student aid, such as federal grants, loans, and work-study. It also is used to apply for most state and college aid and some private financial aid.
When can I apply for the FAFSA?
Submit the FAFSA on the Web (fafsa.ed.gov
) from January 1, 2012 until June 30, 2013 for the 2012-2013 school year.
What you need to apply for the FAFSA?
You may need to refer to various forms of identification, such as your Social Security card and driver’s license and financial documents, such as your federal income tax return.
What happens after I submit the application?
You will get a Student Aid Report (SAR) by e-mail or by snail mail. The colleges that you listed on your FAFSA will also receive a copy of your information. Your SAR will include your Expected Family Contribution (EFC). Your college uses the EFC to determine the amount of federal grants, loans and work-study you’re eligible to receive. If your application is incomplete, your SAR will display any issues that need to be resolved. Make any necessary corrections on the FAFSA website.