Need Info on FAFSA Application

I’m about to start my FAFSA application and I want to gather all the necessary information ahead of time. Can anyone provide a list of what I’ll need to complete the application?

Absolutely! Gathering all the necessary information beforehand is a great idea for a smoother process. Here's a handy list of what you'll likely need:

1. Your Social Security number or Alien Registration Number: If you're not a U.S. citizen but meet the eligible noncitizen requirements, you'll need your Alien Registration Number.

2. Federal income tax returns and W-2s: For the 2024-2025 school year, you will need your 2022 federal income tax returns and W-2s. If you're a dependent student, you'll also need your parents' tax return information.

3. Records of untaxed income: This could be child support received, interest income, and veterans noneducation benefits for you and for your parents if you are a dependent student.

4. Records of assets:

You will need information on both your and your parents' (if you're a dependent) assets. These include current bank account balances, investments, and properties other than the primary home.

5. FSA ID: Your FSA ID gives you access to Federal Student Aid’s online systems and can serve as your legal signature. If you don't have one, you can create one when logging into the FAFSA site or app. If you're a dependent, your parent will also need an FSA ID.

6. A list of the schools you're interested in attending: You can list up to ten schools to receive your FAFSA information right when you submit the application.

Remember, the FAFSA now uses the Student Aid Index (SAI), which has replaced the EFC to determine how much financial aid you're eligible for. Good luck on your application!