FAFSA – What to Know

If your student is starting college soon, then filing the FAFSA (Free Application for Federal Student Aid) is likely on your to-do list. We know the task can sound daunting—especially if you’ve never done it before! To help you and your student through the FAFSA process, we’ve compiled a few helpful pieces of information that we hope will make the process a bit easier.

FAFSA Basics

The FAFSA is a free form. We encourage parents and students not to pay anyone to file the FAFSA. To complete the FAFSA, visit www.fafsa.gov.

Using the App

Previously, the FAFSA needed to be filed using the website, but in 2018 the FAFSA form became accessible in an app launched by the Department of Education. Now you and your student can use any device of your choosing to complete the form.

Download the myStudentAid mobile app and select myFAFSA on the menu screen. Then log in or create a FAFSA account. When filing the FAFSA from the app, there will be a menu asking whether you are a student or parent. Based on the menu selection, the form will be tailored for the user.

Due Date

The priority filing deadline for the 2019-2020 school year is Feb. 15, 2019. Students who file the 2019-2020 FAFSA by Feb. 15 will be prioritized for financial aid packaging. It’s sort of like a fast pass at your favorite theme park. The Financial Aid Office started sending financial aid packages in December 2018.

The filing deadline for Indiana residents is April 15, 2019; however, students are encouraged to meet the priority filing deadline. All students must have their 2019-2020 FAFSA filed before they arrive on campus for move-in day.

Tax Information

When filing the FAFSA, your student may wonder what tax information they will need to use. For the 2019-2020 school year, the FAFSA will require you and your student’s tax information from 2017.

School Codes

IWU’s school code is 001822. By using this code, your student’s FAFSA data will be sent to IWU.

FSA ID

Every student and parent must apply for a unique electronic signature using personal identifiable information. The student must sign up for a FSA ID and the parent must also have a unique FSA ID. FSA IDs can be applied for at www.fsa.ed.gov. Students and parents use their FSA IDs to electronically sign the FAFSA and other federal documents such as Master Promissory Notes. Tip: Student and parent must apply separately and each must use a unique email address.

Was this FAFSA information helpful? If you have any questions, let us know in the comments below or, feel free to contact IWU Financial Aid directly at finaid@indwes.edu. You can also learn more by visiting https://www.indwes.edu/undergraduate/financial-aid/.

 

Leave a Reply

Your email address will not be published. Required fields are marked *