FAFSA is the free application for federal student aid. Most universities, colleges, and trade schools accept FAFSA.
FAFSA opens on October 1, 2021 for students planning to attend college Fall 2022, Spring 2023, or Summer 2023.
You will use your 2020 tax returns for this FAFSA cycle.
What may be available by completing FAFSA:
Pell Grant - up to $6,495 for the 2021/22 school year. Access to the Pell Grant is based on financial need / household income. If the student qualifies for any amount of a Pell Grant, the money does not need to be paid back.
Stafford Loans - up to $5,500 for the 2021/22 school year. Access to the Stafford Loan is not based on financial need. If the student chooses to borrow, the money does have to be paid back.
Work Study - part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. Not available at all colleges.
Want more info? Contact your student's college and career counselor.