The 2021-2022 FAFSA is open for biz
The 2021-2022 Free Application for Federal Student Aid (FAFSA) is now open and there are some very important things you need to understand about how this application works and why it is 100% worth your time to fill it out (even if you think you won’t qualify for anything).
You must apply every. single. year.
Just because you got financial aid this year does not mean you will be automatically renewed to get financial aid next year. You absolutely must submit a FAFSA for each year you wish to be considered for federal financial aid – grants, loans, and work-study.
You don’t know what you could get.
Assume nothing. Think your family income will deter you from receiving aid? Think again. It’s just one piece of the puzzle. The number of children in your family attending college is also considered – among other things. Spend the 30 minutes it takes to apply to be considered for financial help. Federal student aid has more than $150 billion available to help pay for school. Get after it.
You don’t know when you might need it.
Life is complicated and stuff happens. Your financial situation can change over the course of the year (consider all of the unexpected that hit 2020) and you may find yourself in need of help. Submitting a FAFSA will allow you to be considered for low-interest student loans that can act as a last resort if you need them. Remember, you never have to take the full amount of a loan offered, and you don’t need to accept loans until you absolutely need them. Until then, let the offers just hang out in your Finances box on My ASU.
It pays to be at the front of the line.
ASU’s priority filing date is Jan.15. Get your FAFSA completed early and it’ll be one less thing you have to worry about.
you’ll use tax information from 2019. If you or your family have experienced financial changes that aren't reflected in your 2019 taxes (see unexpected 2020 note above) Financial Aid and Scholarship Services can review your awards to see if you're eligible for more federal funding. Job loss, reduction in income, illness — if any of these circumstances have impacted your family's finances, visit https://students.asu.edu/financialaid/specialcircumstances to learn about your options.
you’ll need an FSA ID to log in and sign your FAFSA (a parent will also need one if you are using their tax info)
you can reference this guide to frequently asked FAFSA questions, chat with a financial aid representative, or post your question (and review answers to other people’s questions) on Twitter using #askFAFSA
Sun Devils turn to ASU Adulting 101 to learn (some of) the things not taught in class. Not sure about how to do something? Need to connect with an expert? We got you.
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Hometown: Glendale, AZ
Hometown: Nogales, Arizona
Major: Justice Studies, minor in Women and Gender studies, Criminology and Criminal Justice
Hometown: Binghamton, NY
Major: Forensic Psychology with a certificate in Law and Human Behavior