How to Apply for Federal Student Aid Application Form for 2023-2024
Federal Student Aid is a Department within the educational system of America regulated by the government which is responsible for providing financial assistance to students who enrol in public universities and colleges in form of grants, loans, and work-study funds. It is known as the largest financial aid body in the US.
Completing the Free Application for Federal Student Aid (FAFSA) form allows you to be considered for federal student aid. In addition, states and colleges use FAFSA information to award their own grants, scholarships, and loans. But, since aid is limited, you have to meet the deadlines.
Each college may have its own deadline. Check with the college(s) you’re interested in attending. You may also want to ask your college about its definition of an application deadline.
Who Is Eligible To Apply For The Federal Student Aid for 2023-2024
You must meet the eligibility requirements below to be able to apply for financial aid:
Federal Student Aid Application Date for 2023-2024
The FAFSA form must be submitted by 11:59 p.m. Central time (CT) on June 30, 2023. Any corrections or updates must be submitted by 11:59 p.m. CT on Sept. 9, 2023.
Application dates may vary depending on the institution in which you are enrolling, to see all the dates to be sure on when to apply, click on the link below:
FAFSA Application Deadlines Federal Student Aid 2023-2024
Documents Needed To Apply for Federal Student Aid for 2023-2024
The FAFSA questions ask for information about you (your name, date of birth, address, etc.) and about your financial situation. Depending on your circumstances (for instance, whether you’re a U.S. citizen or what tax form you used), you might need the following information or documents as you fill out the FAFSA application:
Your Social Security number (it’s important that you enter it correctly on the FAFSA form!)
Your parents’ Social Security numbers if you are a dependent student
Your driver’s license number if you have one
Your Alien Registration number if you are not a U.S. citizen
Federal tax information, tax documents, or tax returns, including IRS W-2 information, for you (and your spouse, if you are married), and for your parents, if you are a dependent student:
Records of your untaxed income, such as child support received, interest income, and veterans noneducation benefits, for you, and for your parents, if you are a dependent student
Information on cash; savings and checking account balances; investments, including stocks and bonds and real estate (but not including the home in which you live); and business and farm assets for you and for your parents if you are a dependent student.
How to Apply for Federal Student Aid for 2023-2024
How to Apply for Federal Student Aid for 2022-2023
Aid Offer notifications will be sent to the student’s JagMail account. Students can also check the status of their aid offers at any time in PAWS.
Accept/decline any aid offers in PAWS.
If a student accepts Federal Direct Student Loans, they must complete loan requirements such as a Master Promissory Note (MPN) and Loan Entrance Counseling at https://studentaid.gov using their FSA ID. Outstanding loan requirements will be listed in PAWS.
When Must A Student Begin Repaying Of Federal Student Aid
Once you graduate, drop below half-time enrollment, or leave school, your federal student loan goes into repayment. However, if you have a Direct Subsidized, Direct Unsubsidized, or Federal Family Education Loan, you have a six-month grace period before you are required to start making regular payments.
You’ll have a nine-month grace period if you’ve got a Perkins Loan. (Got a PLUS loan? You’ll go into repayment as soon as the loan is fully disbursed, which means once it’s paid out. But if you’re a graduate and professional student PLUS borrower, you will be placed on an automatic deferment while in school and for six months after graduating, leaving school, or dropping below half-time enrollment.)
Note:
If you listed a school on your Free Application for Federal Student Aid (FAFSA®) form and have been offered admission by that school, the financial aid office at the school will send you an aid offer (often electronically). The offer includes the types and amounts of financial aid you may receive from federal, state, private, and school sources. For more details and information, visit the Official Website Of the Federal Student Aid.
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