1. File the FAFSA as
early as you can.
The 2017-2018 FAFSA will be available at
FAFSA.gov on October 1. The 2017-2018 FAFSA will
require 2015 income information, so applicants will no longer have to
estimate income information. There is no downside to filing early, and it is
one of the best ways to maximize your financial aid eligibility.
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2. Get your FSA IDs
now.
The FSA ID is the user name and password
students use to access all federal student aid websites, including
FAFSA.gov. All students need an FSA ID. Dependent students will also need one
parent to have an FSA ID in order to sign the FAFSA. We strongly recommend
that students (and one parent, if applicable) create their FSA ID ahead of
time. Go to fsaid.ed.gov to
create an FSA ID and use FAME's FSA ID Information
Tracking Sheet to keep track of FSA ID information
.
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3. Learn more about
the financial aid process.
Regardless of whether you're familiar with the
process or new to the world of financial aid, FAME can help. FAME
partners with high schools throughout the state to offer in-person financial
aid presentations. Additionally, we will be hosting several
on-line webinars during the month of September. For a schedule of these
presentations and webinars, please visit FAME's Events page
.
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4. Prepare to use
the IRS Data Retrieval Tool.
Most applicants who were required to file
federal income taxes will be able to use the IRS Data Retrieval Tool when
completing the FAFSA. We strongly recommend using the tool. To retrieve IRS
information, mailing address information must be entered exactly
as shown on the tax return. Having student (and parent, if applicable)
2015 federal income tax return(s) available when completing the FAFSA will
make the process easier .
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