Planning to apply for financial aid for the 2014-2015 school year? The Free Application for Federal Student Aid (FAFSA) is online. That means you can get started filling out the application right now!
You must fill out the FAFSA to apply for federal student aid. Student aid means federal grants, loans and work-study. You also need a completed FAFSA when you apply for state and college aid.
You may complete the FAFSA any time after Jan. 1. However, it is best to be as early in the financial aid process as possible.
Use income records for the tax year prior to the academic year for which you are applying: for instance, if you are filling out the 2014–15 FAFSA, you will need 2013 tax information. If you haven’t done your taxes by the time you fill out your FAFSA, it’s OK to estimate the amounts.
Review the FAFSA deadlines.