What is a financial aid worksheet?

This worksheet will help you collect and organize your and your parents’ financial information needed for the online FAFSA form (parent information is only required if you are dependent). The FAFSA on the Web Worksheet is not the financial aid application, nor is it part of the application.

Is there a printable version of the FAFSA?

One nice feature of the printable FAFSA form is you can fill in the form online before you print it. This makes it easy to check once it is printed. After you fill out the paper copy of the FAFSA, I recommend entering the data online in the application FAFSA free online.

What is the verification worksheet for FAFSA?

Some colleges will ask the family to complete a verification worksheet. Typical documentation might include the family’s federal income tax returns and/or IRS tax return transcripts, proof of income documentation, and proof of high school completion such as a high school diploma or GED.

Do I make too much money to qualify for FAFSA?

One of the biggest myths about financial aid is that you shouldn’t apply if your family makes too much money. But the reality is that there are no income limits with the Free Application for Federal Student Aid (FAFSA); any eligible student can fill out the FAFSA to see if they qualify for aid.

When can FAFSA be filled out for 2021?

To be considered for federal student aid for the 2021–22 award year, you can complete a Free Application for Federal Student Aid (FAFSA®) form between Oct. 1, 2020, and 11:59 p.m. Central time (CT) on June 30, 2022. Any FAFSA corrections or updates must be submitted by 11:59 p.m. CT on Sept.

Is FAFSA first come first serve?

You should fill out the FAFSA as soon as possible after it opens — even if you don’t think you qualify for aid — as some aid is first come, first served. The FAFSA application is open for about 20 months, and you can receive money for a school year retroactively.

Can you do your FAFSA on paper?

If you are completing a paper FAFSA form, you can only list four colleges in the school code step. You may add more colleges by doing one of the following: • After your FAFSA form has been processed, go to fafsa.gov, log in to the site, and follow the instructions for correcting your FAFSA form.

How does FAFSA verify income?

During verification, the college financial aid administrator will ask the applicant to supply copies of documentation, such as income tax returns, W-2 statements and 1099 forms, to verify the data that was submitted on the Free Application for Federal Student Aid (FAFSA).