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As mentioned above, there arent any FAFSA income limits. Even high-income families are encouraged to apply as they may be eligible for some forms of aid. However, students from lower-income families are more likely to qualify for grants and subsidized loans.
The 202425 FAFSA form will be available in December 2023, not Oct. 1. Learn how to prepare for and stay informed about the FAFSA launch.
Information youll need to fill out the FAFSA: Your social security number and drivers license, and/or alien registration number if you are not a U.S. citizen. Your federal income tax returns, W-2s, and other records of money earned. Your parents income tax returns, W-2 forms and 1040 forms if youre a dependent.
The Free Application for Federal Student Aid (FAFSA) form you fill out should correspond with the school year youre seeking aid for. For example, if youre applying for financial aid for the 2023‒24 school year, submit the 2023‒24 FAFSA form.
To be considered for federal student aid for the 202324 award year, you can complete a Free Application for Federal Student Aid (FAFSA) form between Oct. 1, 2022, and 11:59 p.m. Central time (CT) on June 30, 2024. Any FAFSA corrections or updates must be submitted by 11:59 p.m. CT on Sept. 14, 2024.
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