What if you get married but not in the tax year required for FAFSA®? The tax year reflected on your FAFSA® may not reflect your current marital status. If you recently got married (or divorced) there are things to keep in mind. ...
The release of the 2024-25 FAFSA® was delayed by several months. Continue reading as we dive into what this could mean for students.
FAFSA Document Checklist: Your Social Security card and driver's license, and/or alien registration card if you are not a US citizen. Your 2023 federal income tax returns (you don't have to wait - you can use the most recent returns you have from last year), W-2s, and other records...
SAI is the number calculated, with information from the FAFSA, to determine a student's eligibility for college financial aid.
Tax Breaks After a Disaster Insurance didn't fully cover the damage from a disaster? You might be able to deduct your losses on your taxes. Kimberly LankfordJan. 10, 2025 How to Get Free Money as a Student From grants to scholarships to FAFSA, there are lots of ways to minimize your ...
FAFSA filers are sometimes unaware they've been selected for verification, so it's important to regularly check those accounts, experts say. If colleges find discrepancies between the actual tax documents that came in and what was on the FAFSA, they can make the ...
For the 2023-2024 academic year, FAFSA forms must be submitted by 11:59 p.m. CT on June 30, 2024. Any corrections or updates have to be submitted by 11:59 p.m. CT on September 14, 2024. But submitting your FAFSA form as early as possible can help ensure you don’t miss potentia...
“The taxpayer can also submit a form for the physical copy of a prior-year tax return.” You may need to track down records of tax-deductible expenses you’ve been accumulating for the current year that were in your house and destroyed by the storm. "If you’re missing recei...
Note: Beginning with the 2024-2025 school year FAFSA, which opened in December 2023, the Student Aid Index (SAI) will replace the expected family contribution (EFC). The SAI will be listed on your FAFSA Submission Summary, replacing the Student Aid Report (SAR). This article focuses on the...
When applying for financial aid through the Free Application for Federal Student Aid (FAFSA), it is prudent to retain tax returns for at least two years. The FAFSA requires applicants to provide detailed financial information including income and tax details. ...