FAFSA Frequently Asked Questions

1.  What is the FAFSA?
2.  Does the FAFSA have to be filled out every year?
3.  When can I file my FAFSA?
4. What tax year is required for the FAFSA?
5.  What if I have not filed my taxes?
6.  What if I don’t need to file taxes?
7.  What information do I need to fill out the FAFSA?
8.  How do I get a FAFSA log in?
9.  How can I make this easier? (use the IRS Data Retrieval Tool)
10. How do I know if I am a dependent or independent student?
11. My parents are not helping me pay for school. How can I file without using their income information?
12. What is an FSA ID?
13. FSA ID Troubleshooting
14. Helpful Links

 

 

FAFSA Frequently Asked Questions

 

  
 

1.  What is the FAFSA?

The FAFSA stands for the Free Application for Federal Student Aid and can be completed online at fafsa.ed.gov. Watch this video to find out how filling out your FAFSA helps George Fox prepare your financial aid package.

 

 

2.  Does the FAFSA have to be filled out every year?

Yes, a new FAFSA is necessary in order to be eligible for federal financial aid each academic year. 

  • The 2018-2019 FAFSA includes - Fall 2018 | Spring 2019 | Summer 2019
  • The 2019-2020 FAFSA includes - Fall 2019 | Spring 2020 | Summer 2020
 
 

3.  When can I file my FAFSA?

A new FAFSA is available each year on October 1.

 
 

4.  What tax year is required for the FAFSA?

  • The 2018-2019 FAFSA uses your 2016 tax information.
  • The 2019-2020 FAFSA uses your 2017 tax information.
 
 

5.  What if I have not filed my taxes?

Most likely, you have already filed your taxes as most of the deadlines to file have passed. If you have not filed yet, you must do so in order to be eligible for federal financial aid. 

In the meantime, you can complete the FAFSA with estimated information and revise it once your taxes have been filed.  

 
 

6.  What if I don’t need to file taxes?

If you earned income and are not sure if you need to file, go to the IRS Interactive Tax Assistant to find out if you need to file taxes. If you are not required to file, you can simply list any income you may have earned during that tax year. 

 
 

7.  What information do I need to fill out the 2019-20 FAFSA?

  • Your FSA ID login information
  • Your Social Security Number or Alien Registration Number
  • Your tax information
    • 2018-2019 FAFSA - 2016 tax information
    • 2019-2020 FAFSA - 2017 tax information
  • Records of untaxed income
  • Cash, savings, and checking account balances
  • George Fox University's school code: 003194
 
 

8.  How do I get a FAFSA log in?

You will need to create an FSA ID and password at www.fsaid.ed.gov

 
 

9.  How can I make this easier? (use the IRS Data Retrieval Tool)

If you are eligible, you can use the IRS Data Retrieval Tool (DRT). The tool imports your tax information directly into the FAFSA helping you to save time and avoid mistakes. It will also make verification much easier should you be selected.

 
 

10.  How do I know if I am a dependent or independent student?

Take a look at this infograph to find out if you are required to include parent information on your FAFSA.

 
 

11.  My parents are not helping me pay for school. How can I file without using their income information?

You must continue to use your parents’ income information as long as you are considered a dependent according to FAFSA requirements. See the infograph above to determine if you are considered dependent or independent.

 
 

12.  What is an FSA ID?

Your FSA ID is a username and password that you must use to log in to certain U.S. Department of Education (ED) websites. Your FSA ID identifies you as someone who has the right to access your own personal information on ED websites such as the FAFSA. 

It's important to understand that a student and parent may not share an FSA ID. Your FSA ID is your signature, so it has to be unique to you. If you are a parent of a dependent student, you will need your own FSA ID if you want to sign your child's FAFSA form electronically. If you have more than one child attending college, you can use the same FSA ID to sign all applications, but each child must have his or her own. 

 
 

13.  FSA ID Troubleshooting

The following questions and more are answered in detail at studentaid.ed.gov

  • What if I forgot my FSA ID username and/or password?
  • What do I do if I get a message saying my FSA ID is locked?
  • What is an FSA ID?
  • Why won't my FSA ID work?
  • Who needs an FSA ID?
 
 

14.  Helpful Links

Fill out the FAFSA - fafsa.ed.gov

Manage your FSA ID - fsaid.ed.gov

Information about Federal Student Aid - studentaid.ed.gov

Contact your Financial Aid Counselor with any further questions! 

FAFSA Process