FAFSA UPDATES
The FAFSA for 2023-2024 financial aid award year will become available on October 1st, 2022. The deadline for this financial aid award year is June 30th, 2024. It’s generally not recommended you wait that long to complete it, however. Many schools and states have much earlier deadlines for financial aid packages, and the longer you wait, the less likely you are to receive institutional grant aid from colleges. Find the FAFSA deadline 2022 by state at FAFSA® Application | Federal Student Aid.
Ready to File the FAFSA?
There are some significant changes coming to the FAFSA this October, and it’s important to understand how those impact you and your ability to get financial aid. To properly prepare for your application, you should also have a few documents and information on hand, including
- Your Social Security number or Alien Registration number if you are not a United States citizen
- Yours and/or your parents’ federal income tax returns, W-2s, and other income details
- Records of any untaxed income
- Your FSA ID
- Bank statements
- Records of investments
It’s important to complete your FAFSA to the best of your ability and be truthful – lying on this application or making errors can have serious consequences.
The FAFSA usually has some updates year to year, but the 2023-2024 financial aid award year will definitely see some major changes for applicants. Most of them are designed to make the FAFSA easier to complete. Remember to keep up on updates, too, if you fill out your application in later years!
If you would like to research the information you can do so yourself. Please visit https://studentaid.ed.gov/sa/about/announcements/fafsa-changes .