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Top 5 Things to Know about FAFSA

FAFSA (Free Application for Federal Student Aid) opens every year on October 1.

Complete your FAFSA early, as some funds are limited. This helps ensure that your FAFSA can be processed in time for your upcoming school year.

The Office of Financial Aid and Scholarships will contact you through your UT email account if more documents are needed, so respond to any requests as soon as you can.

  • Almost everyone is eligible for some type of federal aid. FASFA determines your eligibility.
  • FAFSA uses income information for the tax year two years prior to the FAFSA year. For example, the 2019–20 FAFSA will use income information from 2017. Simply use the IRS Data Retrieval Tool to enter accurate tax information.
  • Knowing your federal eligibility earlier gives you more time to apply for external scholarships or alternative or parent loans. Submitting early can also prevent delays in processing so that your aid is ready by payment due date.
  • FAFSA is required to receive the HOPE Scholarship for in-state students.
  • UT’s priority FAFSA filing date is January 15. Be sure to file your FAFSA by then.

 

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