Plan For College

Monday, October 8, 2018

FAFSA Checklist: What You Need to Fill Out the FAFSA Form

The College Planning Group Blog Post   Oct 2018

If you need financial aid to help you pay for college, you must complete 
the Free Application for Federal Student Aid (FAFSA) form. 
We recommend that you start early to avoid any issues and get the 
most Federal Aid available to you.

The FAFSA form for school year 2019-2020 is available October 1, 2018. 
It is available on the official government site

Errors may cost you money so be careful and diligent when filling out 
college financial aid forms. 

NOTE: If you choose to do it yourself, here is what you will need:

1. FSA ID and password.
An FSA ID is a username and password that will be used to log into certain 
U.S. Department of Education (ED) websites. Each student, and one parent 
of each dependent student, will need an FSA ID to complete the form.
In some situations, there may be a three-day lag time once your FSA ID is 
created.  Avoid delay by creating your FSA ID and password as soon as 

2. Social Security number
This number is on your Social Security card.  When filling out the FAFSA 
enter your name exactly as if appears on your Social Security card. If you 
are not a U.S. citizen, but meet Federal Student Aid basic eligibility 
requirements, you will need your Alien Registration number.

3. 2017 tax records
Parents and students are required to report income information submitted 
on the 2017 federal income tax form. This rule is referred to as prior prior. 
You may submit your completed FAFSA using the link referred to as the 
IRS Data Retrieval Tool (DRT). It will safely move your tax data onto the
FAFSA form. 

4. Records of your untaxed income
The FAFSA will ask questions about untaxed income that may pertain 
to your financial situation. Be sure to include correct dollar amounts 
regarding child support, interest income, and veteran noneducation 

5. Record of your assets
This is where mistakes are made. Entering the wrong information may 
disqualify you for Federal Aid. Be careful to properly state your financial 
situation. Overstating or understating financial holdings may cost you 

6. List of the school(s) you are interested in attending
You can list up to 10 schools at a time on your FAFSA form. If you’re 
applying to more than 10 schools, your college planning professional can 
help. To be considered for state aid, several states require you to list schools
in a particular order (for instance, you might need to list a state school first).  
Find out whether your state has a requirement for the order in which you 
list schools on your FAFSA form.

7. Review all details with an expert
Entering incorrect information may hinder your Federal Aid eligibility 

Hope this helps!

The College Planning Group
Canton MA     800-985-8569

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