Heads up: This article is out of date! Find current financial aid information here.The FAFSA for next school year will be released on January 1. All students, especially those that hope to benefit from financial assistance, need to complete the form as soon as possible after this date. Even if you didn’t qualify for financial aid last year, it’s still vital that you complete the form this year. For those of you who did complete the form last year, it’s important to keep in mind that this year’s application will be slightly different. Knowing ahead of time the changes to the application will enable you to be better prepared and less overwhelmed.
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• Watch for questions on both the paper and web version of the FAFSA that ask about foster care. Updated Definition for Parent: • A person that the state has determined to be a legal parent.
• Widowed stepparents are not considered legal parents on the FAFSA unless they have legally adopted the applicant. Updated Definition of Separated Parents: • Spouses legally separated by the state or spouses that are married but are living in separate households are classified as “Divorced or Separated” on the FAFSA.
• Spouses that are separated but are still living together must indicate “Married or Remarried” on the FAFSA. For a more detailed look at next year’s FAFSA changes, go directly to the source: ifap.ed.gov.