Student financial aid Step 1: Exclude your Pell grant from taxable income Step 2: Include your earnings from a work-study award on your tax return Click to expand Key Takeaways FAFSA is the key to obtaining various types of federal financial assistance for college education. ...
Here’s what you need to complete your FAFSA if you’re a dependent student:Your StudentAid.gov account. Your Social Security number. Your contributors’ Social Security numbers. USCIS registration number for eligible noncitizens (if applicable). Federal tax information, tax documents, or tax ...
scholarships, work-study programs, and loans. The FAFSA is a form you need to fill out to get any federal financial aid.5Many states and colleges use the FAFSA to determine whether you’ll get financial aid—and if so, how much.
According to the National College Attainment Network, $3.6 billion in Pell Grants was left unclaimed by the high school class of 2022 due to not completing the FAFSA. Before getting started, it’s critical to understand the federal FAFSA deadline and your state’s FAFSA deadline to ensure y...
By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy. Ask an Alum: Making the Most Out of College Paying for College College Financial Aid 101 Learn about the FAFSA and other financial aid basics. College Scholarships Find out about free cash for c...
Step 1: Fill Out the FAFSA The first step in applying for student loans is to fill out the government'sFree Application for Federal Student Aid (FAFSA). The FAFSA asks questions about the student's and parents' income, investments, and other relevant matters. Based on the information you ...
Filling out the FAFSA is crucial for college-bound students, as it unlocks access to grants, work-study, and federal loans. Don’t miss your chance at financial aid—learn why the FAFSA matters, what it covers, and how to complete it to secure support fo
By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy. Ask an Alum: Making the Most Out of College Play Video Paying for College College Financial Aid 101 Learn about the FAFSA and other financial aid basics. College Scholarships Find out about f...
To apply for work-study, submit the FAFSA. If you qualify, you’ll see “work-study” listed on your financial aid award. However, just because you’re eligible for work-study doesn’t mean you automatically get that money. You have to find an eligible work-study job on your campus an...
Federal Student Aid (FAFSA). Based on your income, assets, and other factors, it will compute how much you should be able to pay for college using your resources. Colleges then determine how much aid you'll be eligible for, in the form ofgrants, scholarships, loans, and paid work-study...