Free Application for Federal Student Aid (FAFSA)
Complete the FAFSA at www.fafsa.gov. Be certain that you are using the .gov site to assure that you are using the secure federal processing site. You complete the FAFSA after October 1, 2017 for the next academic year (October 1, 2017 for 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 in the Office of 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, go to https://fsaid.ed.gov/npas/index.htm in order 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 should be selected for verification, you must provide a federal tax transcript for that process. A copy of your signed tax return is not sufficient.
You also will need current asset information, even if not required to provide by the FAFSA process. Enter current checking, savings and cash on hand (liquid assets) on hand as of the date you file your FAFSA. Also include net investments (restricted assets) such as certificates of deposit, stocks, bonds. If you are not able to complete on the FAFSA, you may include this information on your EVMS Financial Aid and Scholarship application.
Review your FAFSA results (Student Aid Report) for accuracy after your application has been processed. The comments section of your Student Aid Report will indicate if you have been selected for verification. See Verification for more information about that process.
Read more under Title VII financial aid (Loans for Disadvantaged Students) if you will be applying for that loan.