HOW do you apply for federal student aid for the 2014-15 school year?
1. Complete the Free Application for Federal Student Aid (FAFSA) at http://www.fafsa.gov.
- If you need a paper FAFSA, you can get one from http://www.fafsa.gov, where you can download a PDF, or the ED Pubs distribution center at www.edpubs.gov or toll-free at 1-877-433-7827.
For the 2013–14 award year, you can apply beginning Jan. 1, 2014; you have until June 30, 2015, to submit your FAFSA. But you need to apply as soon as you can! Schools and states often use FAFSA information to award nonfederal aid. Their deadlines are usually early in the year. You can find state deadlines at http://www.fafsa.gov or on the paper FAFSA. Check with the schools you’re interested in for their deadlines.
2. Review your Student Aid Report (SAR). After you apply, you’ll receive a Student Aid Report, or SAR. Your SAR contains the information reported on your FAFSA and usually includes your Expected Family Contribution (EFC). The EFC is an index number used to determine your eligibility for federal student aid. Review your SAR information and make any corrections or changes, if necessary. The school(s) you list on your FAFSA will get your SAR data electronically.
3. Contact the school(s) you might attend. Make sure the financial aid office at each school you’re interested in has all the information needed to determine your eligibility. If you’re eligible, each school’s financial aid office will send you an award letter showing the amount and types of aid (from all sources) the school will offer you. You can compare award letters from the schools to which you applied and see what aid you can receive from each school.