5 Reasons You Should Complete the Free Application for Federal Student Aid (FAFSA)

Did you hear? The 2014-15 FAFSA became available on January 1, 2014!


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If you will be attending college between July 1, 2014 and June 30, 2015, you should complete the FAFSA. Here are some reasons why:

You may need it to apply for state and college financial aid and even private scholarships!

Completing the FAFSA is the first step toward getting financial aid for college, career school, or graduate school. The FAFSA not only gives you access to the $150 billion in grants, loans, and work-study funds that the federal government has available, but many states, schools, and private scholarships require you to submit the FAFSA before they will consider you for any financial aid they offer. That’s why it’s important that every college-bound student complete the FAFSA, even if you haven’t qualified in the past. You’ll never know what you get unless you apply.

It’s FREE!

The FAFSA is free to complete and there is help provided throughout the application. Several websites offer help filing the FAFSA for a fee. These sites are not endorsed by the U.S. Department of Education. We urge you not to pay these sites for assistance that you can get for free at the official FAFSA website: www.fafsa.gov.

It’s easier than ever.

We’ve done a lot over the past few years to simplify the FAFSA. One of the most exciting enhancements has been the launch of the IRS Data Retrieval Tool. The tool allows students and parents to access the IRS tax return information needed to complete the FAFSA, and transfer the data directly into their FAFSA from the IRS Web site with just a few simple clicks. This year, the IRS Data Retrieval Tool will launch on February 2, so be on the lookout for that. Also, for those who have completed the FAFSA in the past, when you go to renew your FAFSA for the upcoming school year, a lot of your information will automatically roll over, saving you lots of time.

It takes less than 30 minutes to complete.

Did you know that, on average, it takes only 23 minutes to complete the FAFSA? That’s less time than it would take you to watch your favorite TV show! And think of the benefits! Spend 30 minutes completing the application and you could qualify for thousands of dollars in financial aid. Talk about return on investment…

More people qualify than you’d think.

If you don’t fill out the FAFSA, you could be missing out on a lot of financial aid! I’ve heard a number of reasons students think they shouldn’t complete the FAFSA. Here are a few:

  • “I (or my parents) make too much money, so I won’t qualify for aid.”
  • “Only students with good grades get financial aid.”
  • “The FAFSA is too hard to fill out.”
  • “I’m too old to qualify for financial aid.”

These are all myths about financial aid. The reality is, EVERYONE should fill out the FAFSA! Don’t leave money on the table.

For information and tips on completing the FAFSA, visit StudentAid.gov/fafsa.

Nicole Callahan is a new media analyst at the Department of Education’s office of Federal Student Aid.

6 Comments

  1. We have worked hard to build a better future for our kids,now we are getting penalized for it. No financial help for my kids. We have to take loans for their education,while I see everyday anchor babies coming and getting full expense paid higher education. Not fair.

  2. I was denied FASFA bc I dropped classes in 2009 & 2010 (low completion percentage rate). They say I need to appeal. I dropped classes bc the job I did had an extremely large work load and I had to work many late hours. I was in charge of all of the post construction coordination for a $2.3 billon State voter approved construction bond. They want documentation. The only documentation I can provide would be a report showing all of the projects I had under my responsibility and what I’ve done since to assure that education is my priority now and that I am determined to complete. How or what can I do to make sure my appeal form has the best chance to be approved?

  3. Hello, I’m Erika Tapia. I’m Mexican I came frome Mexico last year during my senior year, for some politics of my school I didn’t earn my high school diploma last year. I’m a super senior in my school, I’ll be done with high school within the two next weeks of school but I won’t get my diploma till June. Besides that, I’m a good student, I may say that I am an A student. I want to continue with my studies but I don’t have economics resources furthermore fafasa is the only option I do have to achieve my goals. I’m going to community college to then be transfer to a 4 year university but I have a concern, due to I came from Mexico I got some difficulties with my language and that saceres me because I think that will stop me from achieve my dreams. I would like to know if my problems with my English may un qualify me to obtain financial aid?

    • You go girl!!!! SUPER Senior… I like that;) I worked with a student that had some issues last year but it was only because he didn’t have a Social Security number. I am certain that you will be fine if your only concern is your English. In your comment above your written skills seem just fine! If you need help see if there is an interpreter within your school district that can help you with the FAFSA. GOOD Luck and remember no one Holds the Key to your destiny!!! DO BIG THINGS….BELIEVE AND YOU WILL!

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