Planning for college involves more than just picking a major and choosing a dorm.
Financing your education is also a serious requirement and for many students, the Free Application for Federal Student Aid (FAFSA) is their first choice.
But when is the FAFSA opening date for 2024-25 academic year?
What Was the FAFSA Opening Date for 2024-25?
Usually FAFSA applications open on October 1st. But this time, the FAFSA opening date for 2024-25 academic year fell on December 31st, 2023.
This earlier opening allows students to apply sooner and potentially receive their financial aid awards faster.
While the federal deadline is June 30th, 2025, many states and colleges have their own earlier deadlines for financial aid applications.
So don’t wait until the last minute. Submit your FAFSA as early as possible to better your chances of receiving the financial aid.
How to Apply for FAFSA
Applying for FAFSA can seem difficult but with the right preparation, it’s a relatively straightforward process.
This is a detailed but simple guide to help you out:
- Gather Your Documents: You’ll need your Social Security number, Federal Student Aid PIN (FSA PIN), tax information for yourself and your parents (if you are a dependent student), and records of any untaxed income.
- Create an FSA ID: An FSA ID is a username and password that allows you to access various Department of Education websites, including the FAFSA application. You can create an FSA ID at studentaid.gov/fsa-id.
- Complete the FAFSA Form: You can submit the FAFSA electronically at studentaid.gov/fafsa. The application asks for information about your financial situation, including income, assets, and household size. Be sure to answer all questions accurately and completely.
- Sign and Submit: Once you’ve reviewed your application for any errors, electronically sign and submit it. You can also print a copy for your records.
- Monitor Your Status: After submitting your FAFSA, you can track its processing status online. You’ll receive a notification once your application is processed and your Expected Family Contribution (EFC) is determined.
FAFSA Closing Date for 2024-25
The federal deadline to submit your FAFSA for the 2024-25 school year is June 30th, 2025.
However, many states and colleges have their own deadlines that are often much earlier. You can find a list of state deadlines at the official Federal Student Aid website.
Remember that even if you miss the federal deadline, you can still submit your FAFSA.
While some federal aid may no longer be available, you might still be eligible for state or school-specific financial aid programs.