Be FAFSA Ready!
The FAFSA application opens Oct. 1. Don’t wait to complete your Free Application for Federal Student Aid (FAFSA), even if you’re a high school senior currently evaluating colleges. Some of the most beneficial financial aid funds are first come, first serve.
“For students to increase their chances of receiving the best financial aid packages for which they are eligible, our high school counselors recommend that every graduating senior fill out their FAFSA before December 31,” said Dr. Christina Wiswell Round Rock ISD director of counseling services.
When a student files the FAFSA they may become eligible for scholarships or grants (based on need and merit); work-study programs and low interest loans. The first step for both the senior and the parent is completing the FSA ID. The FSA ID is an electronic signature, one for the student and a different one for the parent (or shared by both parents). There is a one to three day time frame for processing the FSA ID, which is required to complete the FAFSA. Go to the FAFSA website and click on the “FSA ID” button in the top bar.
Your FAFSA checklist:
- Social Security number
- Names of schools interested in attending
- Financial records, checking, savings, investments, assets. Tax records are usually imported from the IRS.
- Financial Aid Vocabulary cheat sheet
Tip: When completing any post secondary planning, such as FAFSA use a personal, not school related email address.
Get all your FAFSA questions answered. Access writtenand video information on college preparation and the Federal Student Aid Programs.
Federal Student Aid — Myths About Financial Aid
Don’t let these myths about federal student aid keep you from applying for and getting money to help pay for college.
How to Create an FSA ID
The FSA ID is a username and password you use to log in to your FAFSA. You should get a FSA ID before you start the FAFSA. Watch to learn more about the FSA ID.
FAFSA and FSA ID Tips for Parents
Many states and colleges have early deadlines for applying for state and institutional financial aid. Because of the variation in state and college deadlines, it is highly recommended that you fill out the FAFSA by December 31, to ensure that you do not miss out on available aid. Get more FAFSA tips when you watch the video.