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American Samoa, the U.S. Virgin Islands, the Marshall Islands, the Federated States of Micronesia or Palau.
• Your parents' previous year’s Federal Income Tax Return (if you are a dependent student). If your parents are divorced, you need only the tax return of the parent with whom you reside.
• Your untaxed income records, e.g., Social Security, Temporary Assistance to Needy Families, welfare, or veterans benefits records
• Your most recent bank statements
• Your most recent business and investment mortgage information, business and farm records, stocks, bonds, and other investment records
• Your alien registration number or permanent residence card (if you are not a U.S. citizen)
For a complete explanation of what is needed, visit: http://www .fafsa .ed .gov ./
4. Complete the application between January 1 and June 30 of the year you intend to attend school (no exceptions to either date!). Apply as soon as possible after Jan. 1 to make sure you meet school and state aid deadlines. The fastest way to apply is online at www.fafsa. ed.gov. Don’t’ forget—there are people available to help you with your application.
5. Once your application is in process, you will receive a Student Aid Report (SAR)—the result of your FAFSA. Review your SAR care- fully and, if necessary, make changes or corrections and submit your SAR for reprocessing. Your complete, correct SAR will contain your Expected Family Contribution (EFC)—this is the amount used to determine your federal student aid eligibility.
6. If you are selected for verification, your school’s financial aid office will ask you to submit tax returns and other documents, as appro- priate. Be sure to meet the school’s deadlines, or you will not receive federal student aid.
Student Loans and the Cost of a Good Education