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What You Need To Know About The FAFSA

by Kaitlyn Wightman
Marketing Specialist

September 26, 2014

The cost of college is a big factor that can be overwhelming or, worse, chase you away from earning your degree.  

But it doesn’t have to be this way.

Most universities offer a variety of scholarships, including scholarships specifically for non-traditional students, to curb the cost of your education. Financial aid assistance is available to you so that you can focus on earning your degree, not on how you’ll fund your education.

First, you need to fill out the FAFSA.

We’re here to set the record straight on everything you need to know about the FAFSA so that you can receive the financial aid you deserve.

What Types Of Financial Aid Might I Qualify For?

Filling out the FAFSA means knowing what federal- and state-based financial aid you can receive. Types of aid you can receive include:

  • Scholarships are needs-based or merit-based awarded funds that do not need to be repaid.
  • Grants are federal- or state-based forms of aid that do not need to be repaid.
  • Loans must be repaid and may accrue interest over time. 

Why Should I Apply For The FAFSA?

The Free Application for Federal Student Aid (FAFSA) determines your eligibility as well as qualifies you for Pell Grants, student loans, scholarships and other need-based aid. Remember, there is no fee for filling out the FAFSA.

When Should I Apply For The FAFSA?

The priority deadline is February 1, but you can submit the FAFSA anytime throughout the academic year. The earlier you submit your FAFSA, the sooner you know how much financial aid you can receive.

How Do I  Apply For The FAFSA?

Step 1: Request a student aid PIN by going to pin.ed.gov. You’ll need it to submit your FAFSA online and to view your records in the future, so keep your PIN somewhere safe.

Step 2: Gather your documents necessary to apply for the FAFSA, including:

  • Social Security number
  • Driver’s license number
  • Federal tax information from the previous year
  • Records of untaxed income
  • Information on other assets, such as savings, investments and business assets

Step 3: Login to fafsa.ed.gov and fill out the FAFSA. Don’t forget your PIN and school code (NAU’s school code is 001082). 

What If I Need Help Filling Out The FAFSA?

Your university’s Office of Scholarships and Financial Aid is happy to assist you as well as answer any of your questions while you fill out the FAFSA.

Need practice? Fill out the “FAFSA on the Web” worksheet found at fafsa.ed.gov.

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Additional Story Info
For more information, contact:
NAU Extended Campuses
(800)-426-8315
ec.marketing@nau.edu
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