Free Application for Federal Student Aid

The Free Application for Federal Student Aid, or FAFSA, is used to apply for federal student financial aid, including grants, loans, and work-study. In addition, the application is used by most states and schools to award non-federal student financial aid.

Completing the FAFSA is the first step in the financial aid process. Once you submit it, the U.S. Department of Education processes your information. They then send an electronic copy of your information to all of the schools you listed in the application. They send a report, called a Student Aid Report, or SAR, to you. It is important to review your SAR when you receive it to make sure all of your information is correct and to provide any necessary corrections or additional information.

The Department of Education enters your information into a formula from the Higher Education Act of 1965, as amended, and the result is your Expected Family Contribution, or EFC. EFC measures your family's financial strength, and is used to determine your eligibility for federal student aid. If your information is complete, your SAR will contain your EFC.

The schools you list in Step Six in the FAFSA receive your EFC along with the rest of your information. They use the EFC to prepare a financial aid package to help you meet your financial need. Financial need is the difference between your EFC and your school's cost of attendance (which can include living expenses), as determined by the school.

The amount of your financial aid award depends on whether:

• You're a full-time or part-time student You attend school for a full academic year or less
• You believe you have special circumstances such as unusual medical or dental expenses

If you believe that you have special circumstances that should be taken into account, such as unusual medical or dental expenses or a significant change in income from one year to the next, contact the financial aid administrator at the schools to which you are applying.

Any financial aid you are eligible to receive will be paid to you through your school. Typically, your school will first use the aid to pay tuition, fees, and room and board (if provided by the school). Any remaining need is paid to you for your other expenses.

FAFSA on the Web - Click here to Start the Application Process