Pikes Peak Test Prep

 

Before You File For Financial Aid

Posted on September 6, 2016 By Lisa Marker-Robins

October 1, 2016 the FAFSA will roll out – YES! This is a new date. This application is required to utilize federal financial aid for which you or your student may qualify. The first step, logging into your account to apply, changed in 2016. It is in affect for the high school class of 2017 and older students already in college who are applying for aid. Yes, the FAFSA must be completed every year you are in college and intend to use federal aid, including the Stafford Unsubsidized Loan which even students with no financial need can utilize.

All families are required to create an FSA ID to complete the FAFSA. Here is a quick overview on getting your FSA ID in about 7 minutes and answers to some FAQ.  Good news! Your new FSA ID gets you into all federal websites associated with federal aid including National Student Loan Data System, StudentLoans.gov, StudentAid.gov and Agreement to Serve.

7 Simple Steps in 7 Minutes

Go to the FSA ID website.
Register and confirm your email address along with creating a unique username and password.
Enter name, date of birth, Social Security number, contact information and challenge questions and answers.
IF you previously had a FAFSA PIN (high school class of 2015 and older), you’ll have an opportunity to link them.
Review your information then accept the terms and conditions.
Use the secure code in your confirmation email to confirm your email address.

Tips and Reminders

Both parent and student need their own FSA ID and may not use the same email address.
Parents can use the same FSA ID for all of their children, but each child needs their own FSA ID.
After you create your FSA ID, you’ll be able to login with either your username or email address.
Choose challenge questions and answers you can easily remember! You may not use your birthdate as your favorite date.
The Social Security Administration must confirm your identity, so allow 1-4 days for this to be completed and your FSA ID to be active. This is why we encourage FSA ID application prior to October 2016. 
You can use your FSA ID to sign the FAFSA immediately, but will not be able to login to the full list of applicable websites until confirmed with the Social Security Administration.
FSA ID may be edited.