Free Application for Federal Student Aid (FAFSA)
Complete the FAFSA online. Be certain that you are using the fafsa.gov site to assure that you are using the secure federal processing site. You will complete the FAFSA after October 1, 2017 for the next academic year (2018-2019). Use your 2016 tax information. You may use the IRS Data Retrieval Tool to ensure accuracy of tax data submitted. A record cannot be created by EVMS Financial Aid for incoming students until the FAFSA is received with your social security number.
The FSA ID you used during your undergraduate years is the same you will use now. If you did not use federal aid or cannot remember your FSA ID, you can go online to create or retrieve your FSA ID. Keep this information in a safe place as you will use it to apply for student loans and access information after graduation.
The IRS Data Retrieval Tool is the most accurate way of transferring your income data to the FAFSA. If you do not or cannot use the IRS Data Retrieval Tool to transfer data and you are selected for verification, you must provide a federal tax transcript for that process. A copy of your signed tax return is not sufficient.
You will also need current asset information, even if you weren't required to provide that for the FAFSA process. Enter current checking, savings and cash on hand (liquid assets) on hand as of the date you file your FAFSA. You also need to include net investments (restricted assets) such as certificates of deposit, stocks or bonds. If you are not able to complete this on the FAFSA, you may include this information on your EVMS Financial Aid and Scholarship application.