File Your FAFSA Early!
Starting with the 2017-2018 financial aid year, the FAFSA will be available to all students on October 1st, 2016. Be sure to file your 2017-2018 FAFSA by Wright State University's priority filing deadline, December 1st, 2016.
Tip: Apply for an FSA ID before filing your FAFSA. The FSA ID, a username and password, must be used to log in to certain U.S. Department of Education websites (FAFSA.gov, StudentLoans.gov, StudentAid.gov, and NSLDS.ed.gov). Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents. If you do not already have an FSA ID, you can create one at https://fsaid.ed.gov/
Completing the Free Application for Federal Student Aid (FAFSA) is the first step in applying for federal student aid. Most states and schools also use the results of your FAFSA to determine your eligibility for state and institutional scholarship and grant programs. You must file the FAFSA annually to apply for:
List Wright State on Your FAFSA! Wright State University's Title IV School Code is 003078.
It is not recommended you pay an agency to file the FAFSA for you. The application is free and there are many resources, such as Wright State University, your guidance counselor, and the U.S. Department of Education, available to assist you.
Don't Forget! You must also apply for admission to Wright State University. Only students admitted to Wright State University in a financial aid eligible program of study can receive federal student aid. Likewise, students must meet general eligibility requirements for federal student aid, such as Satisfactory Academic Progress (SAP) requirements.
FAFSA on the Web
FAFSA on the Web (FOTW) is the U.S. Department of Education's online version of the FAFSA. FOTW is the fastest and easiest way to apply. It will check for errors and inconsistencies while you're filling it out, so those mistakes can be fixed before the application is processed. You can also use the IRS Data Retrieval Tool to complete or correct your tax information. Wright State University strongly encourages you to use FOTW to file your FAFSA.
Some federal aid is limited in funding, so don't put off applying. The FAFSA is available every year on October 1 (starting with the 2017-2018 academic year) prior to the start of the academic year. Wright State University has a FAFSA priority deadline. This deadline is for campus-based aid programs, such as the Federal Supplemental Educational Opportunity Grant and Federal Work-Study. If you miss Wright State University's FAFSA priority deadline date you can still apply for federal student aid. Three of the largest federal student aid programs, the Federal Pell Grant, Federal Direct Stafford Loans and the Federal Direct Parent PLUS Loan, can still be awarded at Wright State if the FAFSA priority deadline date is not met.
Read the Instructions and Answer YES to All Types of Aid!
Many questions on the FAFSA are straightforward, like your Social Security Number. But many questions are asked specifically for purposes of student financial aid. Common words like "household," "investments," and even "parent" may have special meaning. Read all instructions carefully. The FAFSA will ask the applicant what types of aid he or she may be interested in, such as work and loans. Indicate you are interested in all of them. The will ensure you are considered for all types of aid when schools determine your financial aid awards.
FAFSA IRS Data Retrieval Tool!
The FAFSA will ask for data from your federal income tax return. The easiest way to complete your FAFSA with accurate tax information is by using the FAFSA IRS Data Retrieval Tool when filing your FAFSA online. If you have not filed your tax return, you can still file the FAFSA but you must provide estimated income tax data. Once you have filed your tax return, you can use the FAFSA IRS Data Retrieval Tool to enter your correct tax information! If you or your family has unusual circumstances (such as loss employment or extraordinary expenses), submit your FAFSA with the data requested, then contact Raider Connect for additional information or visit our FAFSA Adjustment page or Cost of Attendance Adjustment page.
Sign Electronically with a FSA ID!
To electronically sign your FAFSA, you must apply for a FSA ID. Providing a valid email address is strongly encouraged. Your FSA ID serves as your electronic signature on FOTW and my be useful for other purposes later. If parents must provide information on the FAFSA, then one parent should apply for his or her own FSA ID as well. If you (or your parent) are unable to use an FSA ID to sign the FAFSA electronically, you will have to provide your signature (or your parent's signature) on a paper called a signature page. FOTW gives instructions on printing, signing, and mailing the signature page.
Note: Parents without a social security number are unable to obtain an FSA ID. A signature on paper will be required to sign the FAFSA. For more information, follow the instructions given on FOTW.
Keep Copies for Your Records!
As for any application process, it is extremely important to keep copies for your own records. Not only of the application but of the documents used to complete the application, like your tax return. This can make responding to any requests for additional information easier and help avoid any delays in the financial aid process.
Student Aid Report (SAR)
Once you file your FAFSA, the U.S. Department of Education's Central Processing System will process the application and send you a Student Aid Report (SAR). The SAR is not an Award Notice. The Student Aid Report contains a summary of the information you provided on the FAFSA. It also tells you whether or not you are eligible for a Federal Pell Grant. Check all of the information on your SAR carefully and if you need to you can correct your FAFSA. The SAR information will be sent to every school you listed on the FAFSA. Schools use the SAR information to determine your federal student aid eligibility.
After you file your FAFSA, you may need to make additional changes or corrections to the data you entered. Common corrections include:
- Adding a school
- Using the FAFSA IRS Data Retrieval Tool to update tax information
- Manually updating tax information
FAFSA IRS Data Retrieval Tool
The FAFSA IRS Data Retrieval Tool will allow you to transfer your tax record directly from the IRS to the FAFSA. Tax filers who submitted their federal tax return electronically to the IRS should be able to use the IRS Data Retrieval Tool within 1-2 weeks after their tax returns were filed. Tax filers who mailed a paper tax return the the IRS should be able to use the IRS Data Retrieval Tool within 6-8 weeks after their tax returns were filed.
The IRS Data Retrieval Tool can be used at the time you file your FAFSA or after you have filed your FAFSA as a FAFSA correction.
If you've already filed your FAFSA, go to the FAFSA website at fafsa.ed.gov to use FAFSA's IRS Data Retrieval Tool!
- Select "Start Here."
- Login to the FAFSA website using the student’s information.
- Select “Make FAFSA Corrections” for the appropriate aid year.
- Enter the student’s FSA ID and password.
- Select the “Financial Information” tab from the menu bar at the top of the FAFSA Web page.
- If you would like to use the IRS Data Retrieval Tool to transfer parent tax information to the FAFSA, select Already Completed for the question which reads: “Have your parents completed their IRS income tax return or another tax return?”
- A series of questions will appear one at a time:
- Did you, the parent, file a Puerto Rican or foreign tax return?
- Did you, the parent, file a Form 1040X amended tax return?
- If you, the parent filed a Form 1040X Amended US Individual Income Tax Return, select Yes, otherwise select No. The form 1040X is used to correct your original filed return. You are not eligible to use the IRS Data Retrieval Tool if you amended your federal tax return
- A box will prompt the parent to enter their FSA ID and Click the Link to IRS button.
- A notification will indicate that your are leaving the FAFSA site, click OK.
- IRS.gov will display a box (...site is for authorized use...), click OK.
- Confirm and/or enter demographic information and click submit.
- A summary of tax information will display along with two options. Click on the radio button beneath Transfer My Tax Information into the FAFSA, then click Transfer Now.
- After successful transfer, the FAFSA application will display a message indicating you have successfully saved your information.
- Select the Sign and Submit tab at the top of the page. A summary of changes will be displayed. Review for accuracy. Both the parent and student's FSA ID number are required to complete the correction.
- If you would like to use the IRS Data Retrieval Tool to transfer student tax information to the FAFSA, proceed to the student financial information section on the FAFSA website. Select “Already Completed” for the question which reads: “Have you (the student) completed your IRS income tax return or another tax return?”
- A series of questions will appear one at a time:
- If you would like to use the IRS Data Retrieval Tool to transfer student tax information to the FAFSA, proceed to the student financial information section on the FAFSA website. Select Already Completed for the question that reads: “Have you (the student) completed your IRS income tax return or another tax return?”
- Follow the above instructions used to transfer parent data.
Prefer following along with a video rather reading? Press play on the video below provided by our colleagues at the University of California - Santa Barbara.
Federal Student Aid Contact Info
Federal Student Aid Information Center
Phone: (319) 337-5665
Toll Free: 1-800-4-FED-AID (1-800-433-3243)
If you are hearing impaired and have questions, please contact the TTY line at 1-800-730-8913.