What information will I need to fill out the FAFSA?
The FAFSA asks you for personal information such as your name, date of birth, and address, as well as for information about your financial situation. Some of the information and documents you may need are:[2923]
- Your social security number;
- Your driver license number (if you have one);
- Your Alien Registration number if you are not a U.S. citizen (For a full list of eligible noncitizens, visit https://fafsa.ed.gov/help/fotw15a.htm, and learn more on PG. 1119);
WHAT IS THE DIFFERENCE BETWEEN FOREBEARANCE AND DEFERMENT?
A forebearance is a request to stop payments completely for a year. All people whose loan payments are equal to or greater than 20 percent of their monthly income qualify for a forebearance. This means incarcerated individuals would likely qualify automatically.Deferment is similar to forebearance in that it stops payments for a year. Unlike forebearance, the loan continues to accrue interest during that period, which makes it more expensive in the longrun. Either option is better than defaulting.
- Federal tax information or tax returns including IRS W-2 information;
- Records of any untaxed income, such as child support received, interest income, and veterans non-education benefits that you received in the last year;
- Information on cash; savings and checking account balances; investments, including stocks and bonds and real estate (but not the home you live in); and business and farm assets.
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Filling Out the FAFSA, U.S. Dep’t of Educ. Federal Student Aid, https://studentaid.ed.gov/fafsa/filling-out - documents. ↑