FAMU FAFSA®

The Free Application for Federal Student Aid (FAFSA®) can seem daunting, but we are here to assist you through the process

 

   

Have You Filed Your FAFSA®?

Use the Free Application for Federal Student Aid (FAFSA®) form to apply for financial aid for college, career school, or graduate school.

File Your FAFSA® Today
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FAFSA® Simplification Act
FAFSA Simplification Act On December 27, 2020, Congress passed the Consolidated Appropriations Act. This included the FAFSA Simplification Act which is a sweeping redesign of the systems and processes used to award federal student aid. The goal of the Simplification Act is to make it easier for students and their families to complete the FAFSA and expand eligibility to more students.

 

 

 

 

 


FAFSA Preparation Checklist



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1. Set up your FSA ID

A. Create your Federal Student Aid ID
Go to studentaid.gov to begin.

This will be your username and password.

B. All contributors must have an FSA ID to complete the FAFSA.
↳  A Contributor is anyone (student, student’s spouse, biological or adoptive parent, or the parent’s spouse (such as a stepparent) who is required to provide information on the FAFSA



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2. Gather Information

To submit your FAFSA, you will need:

A.
Your Social Security Number (or Alien Registration number if not a US Citizen)

B. Your Driver’s License Number (if you have one)

C. Your Federal Income tax returns, W-2's, and other records of money earned for the specific financial year by the FAFSA.
↳All contributors must consent to the IRS information transfer using the Direct Data Exchange, regardless of whether they filed taxes in the United States.

D. Bank statements (information on cash, savings, and checking account balances) and records of investments (if applicable) - including stocks, bonds, real estate (not including the home in which you live), and business and farm assets

E. Record of untaxed income (if applicable), such as child support received or interest income for the specific financial year by the FAFSA.



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3. Submit your FAFSA

➜ Once you have gathered everything, you are ready to complete and submit your FAFSA online.

➜ You can submit your FAFSA to twenty (20) different institutions.

➜ To send your information to FAMU, our school code is 001480

 

Notes:

  • Tax information for the 2026-2027 FAFSA will be for the 2024 year. Make sure that the 2024 federal tax return has been filed (by student and or parent if required to file).

  • Do I need to file a tax return? The Interactive Tax Assistant (ITA) will help you determine if you're required to file a federal tax return or if you should file to receive a refund

  • Check out the Federal Student Aid Estimator Tool to find out how much federal student aid a student may be eligible for starting with the 2026-2027 award year.

 

 

 

 

 

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Understand Your Options

If changes in your financial situation or personal circumstances affect your financial aid eligibility, you may have options to request a review of your FAFSA information or dependency status.

 

FAFSA Simplification

Additional Resources

  1. Streamlining the FAFSA Form: The revised FAFSA will have fewer questions, less requirements and will be easier to complete.
  1. Expanding Access to Federal Pell Grants: Adjustments in the eligibility criteria for Pell Grant increases the number of students who will qualify.

  2. Changes in Terminology: New terminology added to provide a clearer understanding of its purpose.

  3. A better user experience.

 

Consent
All contributors (student, parent/guardian, etc.) will be required to provide consent for tax information to be securely downloaded from the IRS to the Department of Education for the FAFSA form. Failure to provide consent will make the student ineligible for FAFSA completion.

Contributor
Refers to anyone who is required to provide information for a student's FAFSA form (student, parent, student spouse, adopted parent or parent's spouse).

FTI (Federal Tax Information)
Both students and parents will need FTI from 2024 to complete the 2026-2027 FAFSA.

Student Aid Index
The SAI will replace the Expected Family Contribution (EFC). This new formula will be used to determine a student's eligibility for federal Pell Grant and other need-based aid.