Free Application for Federal Student Aid (FAFSA) Information
What is the Free Application for Federal Student Aid (FAFSA)
The Free Application for Federal Student Aid (FAFSA) is the key application to determine eligibility for federal, state, and IUPUI financial aid. You are encouraged to apply online via FAFSA on the Web. By applying online, you have the advantage of online ‘chat’ help, edits that assist in accurately completing the FAFSA, and a shorter time to receive the Student Aid Report (SAR).
Completing the FAFSA and applying for student financial aid is free. You should be wary of mailings or web sites that offer to submit your application or to find money for school if you pay a fee.
Additionally, you are encouraged to research and apply for scholarships available at IUPUI administered by Office of Student Scholarships. Please note that the deadlines for scholarships vary and some fall earlier than the FAFSA March 10 Priority Application Receipt Deadline.
When should I submit the FAFSA?
The FAFSA must be submitted each year you are applying for financial aid.
The FAFSA is available January 1 each year; the version of the FAFSA that you need to complete depends upon when you will be attending classes for which you need financial aid. The following information provides a reference chart to connect the IUPUI semesters with the corresponding FAFSA form:
2016-2017 FAFSA (available January 1, 2016)
The priority application receipt deadline is March 10th each year. By meeting the priority application receipt deadline, eligible Indiana residents are considered for state aid. Additionally, by meeting the priority application receipt deadline students will receive maximum consideration in the aid awarding process.
Students can apply after the March 10th receipt deadline. These students will be considered for Federal Pell Grant and Federal Direct Loans, but will not be eligible for most forms state aid.
For students and parents of dependent students that plan to file a federal income tax return, the recommendation is to complete your tax return(s) before submitting the FAFSA. If you have not completed your federal income tax return(s), apply with information based on your estimated federal tax returns prior to the priority application receipt deadline of March 10.
You can review the status of a submitted FAFSA 3 to 5 days after you have submitted it. You are encouraged to make corrections as soon as possible to assist in the timely and accurate processing of your financial aid.
If you completed the FAFSA with estimated federal tax information, you should update your FAFSA after this information is available.
The state requires that any FAFSA edit corrections must be submitted to the federal processor on or before May 15th. After March 10th, you are encouraged to check eStudent for any edits that must be corrected. Some potential required edits could be: confirming your high school diploma information (Academic Honors, Core 40, or General) has been correctly reported to the state, and confirming that your college choice is IUPUI.
You are encouraged to regularly monitor your IUPUI email account and One.iu.edu To Do list for any FAFSA related issue that you must resolve.