Free Application for Federal Student Aid (FAFSA) applications opened on October 1st. It is important that you submit your 2020/2021 FAFSA as soon as possible. Applications must be submitted by March 2, 2020, however it is important to note that money is allotted by college financial aid offices on a first come-first get basis by the date you submit your FAFSA.
What is federal student aid? It's money from the federal government that helps you pay for college, career school, or graduate school expenses. Aid is available through grants, work-study, and loans. Every student who meets certain eligibility requirements can get some type of federal student aid, regardless of age or family income. Before you apply, get an estimate of how much aid you could get at https://studentaid.ed.gov/sa/fafsa/estimate.
Completing and submitting the FAFSA form is free and quick, and it gives you access to the largest sources of financial aid to pay for college or career school - federal, state, and school resources.
What to prepare ahead of time:
File the FAFSA early! Financial aid is offered on a first-come, first-served basis.
- FSA ID - both student and parent(s) need an FSA ID to sign the FAFSA
- 2018 tax return and income statement
- Parent and student Social Security Number / Alien Registration Number (non US citizen)
- Bank statements and records of investments (if applicable)
- Records of untaxed income (if applicable)
Independent students don't need parent information
Students and Parents can use the IRS Data Retrieval Tool
- Don't forget to electronically sign your application
- Make sure Admissions has your SSN
- If applying for a Cal Grant, make sure state residency listed is "CA" for California
What happens after I file?
Notification is sent when FAFSA is processed
- SAR (Student Aid Report) sent to student
- ISIR sent to institutions specified on FAFSA
- Contains data elements completed on FAFSA
- Correct FAFSA as needed
- CAR or ineligibility letter sent to student
- Schools send follow-up request for missing information
- Schools send award letter as early as December
- Follow up with the Financial Aid Office at the college
- Each Financial Aid Office makes their own decision
- The school's decision is final, and cannot be appealed with the US Dept of Education
Submit FAFSA & Get Extra Grad Ticket!
All families that complete their application by March 2nd will receive an additional graduation ticket, for a total of 6 tickets. As an added bonus, once you complete your FAFSA, you will automatically be entered into a monthly raffle for two extra graduation tickets. The sooner you complete your FAFSA, the better your chances are of winning.