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FAFSA Resources

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FAFSA Resources

2024-25 FAFSA

The 2024-25 FAFSA form is available. Federal Student Aid is currently sending small batches of FAFSAs to institutions. We anticipate most FAFSA records will be delivered to institutions by mid April.

Complete the FAFSA

FAFSA corrections are now available!

Students and parents may log in at studentaid.gov to submit corrections.

Make a FAFSA Correction

What FAFSA Do I Complete?

To qualify for financial aid; including, Federal aid, State aid, Institutional aid, and many scholarships, students must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is FREE and can be completed online at fafsa.gov.

Find out what FAFSA to Complete

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What do I need to file my FAFSA?

  • Create your FSA ID. You can your contributors will need to create one to file your FAFSA.
  • Gather 2022 Federal Tax Information and W-2s. All contributors will be required to provide tax data from the 2022 tax year. Most contributors and students will provide this information via Direct Data Exchange, which means the IRS will provide your tax information to Federal Student Aid.
  • Determine who your contributors are. The FAFSA will also offer assistance when filing. Students, parents, step-parents, and a student’s spouse may be considered contributors.

Contributor Example(s)

Parent(s) Marital Status FAFSA Action
Parents are married to each other Need both parents' information
Parents are legally separated/divorced Use information from the parent that provides a majority of financial support
 Parent is remarried to step-parent  If remarried parent has custody, use both parent and step-parent income
 Parents were never married, not living together Use information from parent that provides majority of financial support
 Parents were never married, but are living together Use both parents' information

What to Expect Next?

  •  Colleges have begun receiving FAFSA information for students in small batches. We anticipate most records will be received by the middle of April 2024.
  • Students and colleges are not able to make corrections to FAFSA records yet. (likely sometime in April).
  • Due to these processing delays, official financial aid offers will also be delayed (likely until sometime in May).

Terms to Know

  • Student Aid Index (SAI): Calculated by FAFSA data and will determine student aid eligibility. This replaces the EFC that was used in previous years.
  • Cost of Attendance (COA): COA includes tuition and fees, food and housing, books and supplies (including course materials and equipment), miscellaneous expenses, and transportation. 
  • Contributor: A parent, step-parent, student, or spouse of the student who is providing information to the FAFSA. 
  • Consent: Required from all contributors in order for the IRS to share tax data directly to the FAFSA. If any contributor does not provide consent, the student will automatically be ineligible for aid.
  • Direct Data Exchange (DDX): Previously known as IRS Data Retrieval; this tool imports tax data directly from the IRS to your FAFSA.
  • FAFSA Submission Summary (FSS): A summary of your completed FAFSA information. This replaces the Student Aid Report (SAR) that was used in previous years.

Financial Aid Updates by Institution

Find the most up-to-date financial aid information from all Michigan institutions (as they submit data). Given the Better FAFSA delays, current seniors and their families understandably hesitate to make crucial economic decisions without all the necessary information at hand. Michigan College Access Network (MCAN) will continue to update information as it becomes available or changes over the next several months.

Financial Aid Office Updates

Michigan College Access Network