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Complete FAFSA
What is a FAFSA
FAFSA stands for Free Application for Federal Student
Aid. Filing the FAFSA each year qualifies you for institutional and
federal aid programs. Federal aid is available regardless of income
level. The FAFSA also provides calculated information that outside scholarships
may request from you for awarding purposes.
Remember to file on time. Priority programs with limited funding are
often awarded to students who file the FAFSA between January 1st but
prior to March 1st. FAFSA applications received after March 1, will
be considered for aid programs, based on remaining availability.
What to know for filing the FAFSA
- Iowa State University's School Code is 001869
- Make or print copies of everything that you send
out.
- Read the instructions carefully. The words "you"
and "your" always refer to the student, whereas questions
for parents will be specified.
- Report all sources of untaxed income. These include
Social Security, Child Support and Aid to Families with Dependent
Children (AFDC), among others.
- Don't leave any fields blank; instead, answer zero
or "N/A" if the question does not apply to you.
- Round to the nearest dollar, and do not
use commas or decimal points.
- 1098-T is received from a higher education institution
when payment is made for tuition, fees and related education expenses.
If scholarships and grants are in excess of tuition, fees and related
education expenses, this amount is reported on federal income tax.
- Foreign Income: Non-IRS tax returns are reported
on the FAFSA with the value of the foreign income taxes in US dollars.
Be sure to view the daily exchange
rate. Any non-taxed foreign income will be reported as untaxed
income in worksheet B.
File the FAFSA Electronically
Electonically - Visit the federal website at www.fafsa.ed.gov/.
If you do not receive the results of your application—a Student
Aid Report (SAR)— within three weeks, please check online at www.fafsa.ed.gov/
or call 1-800-433-3243. If you provided your e-mail address in question 13,
you will receive information about your application within a few days after
we process it.
Foster Youth: Tips for completing the fAFSA
Click here
for help with "questions on the FAFSA which may cause
difficulty for wards of the court or foster youth".
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