The first step to getting student aid is filling out the FAFSA, which stands for Free Application for Federal Student Aid. It’s a form that the government uses to figure out your eligibility for federal grants, loans, and work-study programs. Many states and schools also use it to offer additional financial aid, so filling it out can open up many opportunities for you.

The easiest way to fill out the FAFSA is online. The FAFSA website allows you to start and save your progress so you can get all the information you need to complete it. It’s a good idea to do it as soon as possible, as some aid is first-come, first-served.

How to Complete the FAFSA

To get started, you’ll need to create an FSA ID, which is your personal account (username) for managing and submitting the FAFSA. This ID will allow you to sign your application electronically and access various U.S. Department of Education websites. 

Make sure to gather important documents like your (and likely your parents’): 

• Social Security number
• Tax returns
• Bank statements

In addition to giving information about yourself and your family, you will need to list at least one school you would like to attend. This is because your prospective colleges will use the information to create a financial aid offer that might include scholarships, grants, loans, or work-study programs. This means you may receive different student aid “packages” depending on the school you attend. 

While it might seem like a lot, the FAFSA application itself is straightforward and can be completed in under an hour. Always submit your FAFSA as early as possible because some aid is awarded on a first-come, first-served basis.

Once you’ve completed the FAFSA, you’ll receive a Student Aid Report (SAR), which summarizes your provided information. This will include your Expected Family Contribution (EFC), which colleges use to determine your financial aid package. It’s a good idea to review the SAR carefully and correct any errors right away. 

Other Ways to Apply for Student Aid

FAFSA is not the only way to apply for student aid. Private scholarships offered by private organizations, companies, or community groups and usually have their own application processes. Likewise, private student loans require a separate application that looks at your credit history and income.

There are thousands of non-FAFSA student aid options available that are not widely advertised. Start by searching online for scholarships and grants matching your interests and desired career path. 

Also, check with local community organizations, businesses, or even your high school’s guidance office for scholarship opportunities that may be specific to your area.