FAFSA 2023-24 Application: A Guide for Parents

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FAFSA 2023-24 Application: A Guide for Parents

The Free Application for Federal Student Aid (FAFSA) is the primary form used to apply for federal student financial aid, including grants, scholarships, and loans. For the 2023-24 academic year, the FAFSA will be available starting October 1, 2022.

Who Needs to Complete the FAFSA?

All students who plan to attend college or career school must complete the FAFSA to be eligible for federal student aid. This includes both undergraduate and graduate students.

What Information Do I Need to Provide?

To complete the FAFSA, you will need to provide information about yourself, your family, and your finances. This includes:

• Your Social Security number
• Your driver’s license number (if you have one)
• Your parents’ Social Security numbers (if you are a dependent student)
• Your parents’ income and assets (if you are a dependent student)
• Your income and assets (if you are an independent student)

How Do I Complete the FAFSA?

You can complete the FAFSA online at fafsa.gov or by paper. If you complete the FAFSA online, you will need to create an FSA ID. This is a username and password that you will use to access your FAFSA and other federal student aid information.

When Should I Submit the FAFSA?

The FAFSA is available starting October 1, 2022. It is important to submit the FAFSA as early as possible, as some types of aid are awarded on a first-come, first-served basis.

What Happens After I Submit the FAFSA?

After you submit the FAFSA, the federal government will process your information and determine your eligibility for federal student aid. You will receive a Student Aid Report (SAR), which will show you the amount of aid you are eligible for.

What If I Have Questions?

If you have questions about the FAFSA, you can contact the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243). You can also get help online at fafsa.gov.

Additional Tips for Parents

• If you are the parent of a dependent student, you will need to provide your own financial information on the FAFSA.
• If you are divorced or separated, you will need to provide information about both of your parents on the FAFSA.
• If you have more than one child who is attending college, you will need to complete a separate FAFSA for each child.
• The FAFSA is a complex form, so it is important to take your time and make sure that you provide accurate information.
• If you make a mistake on the FAFSA, you can correct it by submitting a FAFSA correction form.

Conclusion

The FAFSA is an important form that can help you and your child get the financial aid you need to pay for college. By completing the FAFSA early and accurately, you can increase your chances of receiving the maximum amount of aid possible.

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