Home New mexico tax It’s Time to Fill Out the FAFSA — Albuquerque Public Schools

It’s Time to Fill Out the FAFSA — Albuquerque Public Schools


Job : October 31, 2022

Hey APS Seniors: It’s time to complete the FAFSA

It’s college application season, which also means it’s time to apply for financial aid and scholarships with the free student aid app.

Prospective MIT applicants listen to a college representative discuss financial aid options and other application information.

Like the entire college application process, completing the FAFSA can be daunting. Still, completing your FAFSA is important not only to receive federal financial aid like student loans and scholarships, but also because many universities and colleges rely on this information to determine eligibility for college programs. financial aid provided by the school and offers such as work studies, scholarships. , and more.

If you’re confused about the process of filling out your student’s FAFSA form, you’re not alone. That’s why we’ve put together some helpful tips to guide you through the process.

Gather documents before you start

Although the FAFSA is not that complicated, it is certainly dense. Since the purpose of the FAFSA is to determine a student’s (or, more often, a student’s family’s) income to decide which financial aid programs they are eligible for, it asks for a lot of information found on family tax documents.

The FAFSA is available to US citizens, so expect to have citizenship documents and information as well.

Although you can save your progress as you go and come back to the application later, filling out the form without all the proper documents can be a hassle. Broadly speaking, here are the documents you’ll want to gather before you sit down to complete the FAFSA:

  • Birth certificate, social security card, driver’s license (if applicable) and/or student passport
  • Your family’s tax forms from two years before the year your student plans to go to college. So, for students applying to college for the fall 2023 semester, you will need your family’s 2021 tax forms.
  • Any documentation of investments or other untaxed income

Decide who should complete the form

Although the FAFSA relates to your student’s eligibility for financial aid, until your student turns 18, they will need a designated parent to help them complete the form and verify all the financial information presented in its FAFSA form.

As a general rule, the parent the student lives with the most should be the one helping complete the form, but there are exceptions. The Office of the U.S. Department of Education’s Federal Student Aid website has a handy chart, Who is my parent when I complete the FAFSA, to guide families.

Save your connection!

When you and your student first complete the FAFSA, you create what’s called an FS AID, which essentially acts as their username and login for each subsequent year they complete it. It’s a good idea to save information, whether online or on paper, in a safe place so they can easily access it the next time they apply for the FAFSA.

Something that surprises many first-time students and their parents is that completing the FAFSA is a process you will need to repeat every year for as long as your student needs financial aid. Keeping track of your students’ login credentials and helping them keep up with FAFSA deadlines year after year is a big help when you’re completing the FAFSA a second, third, or fourth time.

More FAFSA Resources

Applying to college can be confusing, and completing the FAFSA is no exception. Although deadlines vary by institution, it is good practice to complete the form before January 1st.

That means there’s still plenty of time to consult with your student’s middle school and high school guidance counselor or take advantage of other local resources that the great communities of Albuquerque and New Mexico have to offer.

Here are some FAFSA resources to check out:

If you still have questions or think your student has a unique situation that would make it difficult to complete their FAFSA form, please contact your school’s guidance counselor to schedule an appointment. They are sure to help you navigate the process of completing the FAFSA correctly, regardless of your situation.