Seniors who are applying to college can complete a Free Application for Federal Student Aid (FAFSA) beginning Oct. 1, 2020 until June 30, 2021. Completing FAFSA will allow colleges to provide students with need-based financial aid. To begin filling out the form, students will need to make an account. The form will determine what a student qualifies based on a variety of information provided by the student and their care-takers.
Items needed to complete form:
- Student’s Social Security Number.
- Parents Social Security Number if student is a dependent.
- Federal tax information or tax returns including IRS W-2 information for the student (and their spouse, if they’re married), and for the students parents if they’re a dependent student.
- IRS 1040
- Foreign tax return, IRS 1040NR, or IRS 1040NR-EZ (If non-resident)
- Tax return for Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, the Marshall Islands, the Federated States of Micronesia, or Palau (if non-resident)
- Records of untaxed income ( child support, interest income, veterans non education benefits)
- Info on cash, savings and checking balances, investments, socks and bonds, real estate, business and farm assets
It’s important that students and parents complete their FAFSA form as soon as possible, because the aid is distributed on a first come, first serve basis. To access the FAFSA website click here.