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El futuro son 5 letras: FAFSA logo-noticias.6bcb5218ff723b30f6c272bb9bfc...

El futuro son 5 letras: FAFSA

El futuro son 5 letras: FAFSA

To apply for most financial aid -including federal and state student grants, work-study, and loans- you’ll need to complete the FAFSA.

Financiar el futuro /Univision

To apply for most financial aid " including federal and state student grants, work-study, and loans " you’ll need to complete the Free Application for Federal Student Aid (FAFSA).

Although this financial aid form may seem complex, there are many free resources to help you. And completing the form is easier than it used to be, thanks to the new IRS Data Retrieval Tool.

Where to Find the FAFSA

The FAFSA is available online at FAFSA on the Web. If you need a paper copy, you can download a PDF at  www.studentaid.ed.gov/PDFfafsa or call 800-4-FED-AID (433-3243).

FAFSA on the Web

You can complete, submit and track your application online. This is the easiest way to apply for federal aid. The online program even checks your data before it is transmitted to the processing center, so there's less chance of making an error.

Before You Apply

Complete your income tax return. You don’t have to file your income tax return before you fill out the FAFSA, but it’s a good idea to do so. A lot of the requested information is the same, and you may be able to use the time-saving IRS Data Retrieval Tool.

Get a PIN. Get a U.S. Department of Education personal identification number (PIN) by filling out the short application at www.pin.ed.gov. You can get your PIN immediately by email or later by postal mail. You can use FAFSA on the Web without a PIN; you’ll just have to print out and mail in a signature page.

Collect documents. See a list of the documents you need to get started.

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Completing the Application

The following tips make it easier to complete the FAFSA. 

 

FAFSA Overview

Reminders and Resources

- January 1 is the first day you can file the FAFSA. You should try to file as close to this date as possible. College, state and private aid deadlines may be much earlier than federal deadlines. You should pay attention to your colleges' priority financial aid deadlines. 

- For help, go to the free government website Completing the FAFSA. It has a detailed question-by-question guide to filling out the FAFSA.

- More free help can be found at FAFSA Frequently Asked Questions and Student Aid on the Web.

The New IRS Data Retrieval Tool

You can save time and effort if you qualify to use the IRS Data Retrieval Tool. It will transfer your income tax data directly from the IRS to your online FAFSA.

You and your parents may be eligible to use this tool if:

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- Your family income tax returns were filed electronically at least two weeks before you complete the FAFSA.

- Your family income tax returns were mailed to the IRS at least eight weeks before you complete the FAFSA.

If you are eligible to use the IRS Data Retrieval Tool and choose to do so, you’ll be transferred from the online FAFSA to the IRS website, which will guide you through the transfer of your tax information. When you’re done, you’ll be sent back to your FAFSA.

You don’t have to use this tool, but it’s recommended that you do. If you have to complete the FAFSA using estimated income tax information, you can always return to FAFSA on the Web to use the IRS Data Retrieval Tool once you have filed your tax forms.

What Happens After You Apply

Once you submit the FAFSA, your family’s financial information is analyzed using the federal need formula.

The Student Aid Report (SAR)

After the information you provided is analyzed, you will receive a SAR that contains the data you entered on the FAFSA. The U.S. Department of Education will send this form to you either by email or by postal mail. Review the SAR carefully for errors (the form highlights items that may need attention) and follow directions for making and submitting corrections. Submit corrections promptly. Make sure to keep a copy of the SAR for your records.

Expected Family Contribution (EFC)

On the front page of the SAR, you'll find a figure called the expected family contribution (EFC). Your EFC is an indicator of your family’s financial strength. It is sent to your state scholarship agency as well as to the colleges you listed on the FAFSA. They use this number to determine your financial aid award. Learn more about the EFC.

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Other Financial Aid Forms

After you complete the FAFSA, make sure you submit any additional financial aid forms that your colleges require. For example, some colleges require you to submit the CSS/Financial Aid PROFILE® or their own forms.

Help with the FAFSA

If you have questions about the application, FAFSA on the Web or federal financial aid for students in general, call:

Federal Student Aid Information Center (FSAIC) 800-4-FED-AID (433-3243) / TTY 800-730-8913

Monday through Friday, 8 a.m. to midnight Eastern Time

Saturday, 9 a.m. to 6 p.m. Eastern Time


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