The biggest change in filling out the FAFSA is how tax data is collected. Instead of manually entering information such as yearly income, the IRS will now transfer tax records directly into the FAFSA—with your permission, of course. This new approval process is easy, fast, and accurate, all at the click of a button.
The updates also include a new designation for those around the student applying for aid called contributors. Contributors include parents, guardians, spouses, and partners who must also log in and submit their information as a part of the application. It’s important to note that someone may be considered a contributor even if they’re not planning to contribute financially to the student’s education. Once the student fills out their section of the FAFSA, they will be told what contributors need to participate in their application.
To accurately complete the FAFSA, contributors must follow through on their section of the application. Here’s a breakdown of how the process will work:
- The student will create an FSA ID (a unique username and password used to access the website) and fill out their section of the FAFSA.
- The student will be prompted to enter the email addresses of the contributors who need to provide information for their application (if any). Those contributors will receive a link to create an FSA ID and finish their portion of the application.
- Each contributor will create an account and log in independently using their own FSA ID to approve releasing their tax information to FAFSA.
Both the student and the contributors must consent to access their tax information. This step is crucial for the FAFSA process. This consent applies to all situations, including those where a contributor does not have a Social Security Number, did not file taxes, or filed taxes outside of the United States.
Students must ensure that each contributor understands these requirements and completes their part of the process for the FAFSA application. If you need further assistance or specific details, visit the official FAFSA website or contact their support.
FASA will no longer ask for reporting of Selected Service registration and drug convictions