You’ve filed your FAFSA but you’re not done yet!
Here’s What Happens Next
Your FAFSA will be processed by the Federal Processing Center, typically within three days. You will not be able to make updates or corrections to your FAFSA during this time. Once processed, your FAFSA information will be sent to all of the schools listed on your FAFSA.
Review Your Student Aid Report
- Your Student Aid Report (SAR) is a summary of the information you provided on your FAFSA.
- If you provided an email address on your FAFSA, you will be sent an email with a link to your SAR once your FAFSA has been processed. Your SAR can also be found by logging in at FAFSA.gov.
- Review your SAR carefully. If there is an asterisk next to your EFC (see the box at the top of the first page), that means you have been selected for verification. See below for more information.
- If corrections are needed, log in to FAFSA.gov using your FSA ID (username and password), make the corrections and resubmit your FAFSA. Make sure you and a parent (if required), sign the FAFSA again using your FSA ID.
- If information has changed or the FAFSA data no longer reflects your current situation, contact your school
You May be Selected for Verification
Verification is a process that requires schools to collect additional income and household information from some students. It does not mean that you did anything wrong!
Your school will let you know what documents are required sending a letter or email addressed to you (not your parents).
Below are some commonly requested forms. Do not send any of the below unless requested.
- Verification Form (each school has their own form) – collects information about the household as well as income information that is not included on a tax return (i.e. untaxed income, child support, wages from those not required to file a tax return).
- Federal Tax Filers: the verification of tax filing status, taxable income, and taxes paid must come directly from the IRS (copies of tax returns are not acceptable) either by:
- using the IRS Data Retrieval Tool within the FAFSA; or
- submitting a Federal Tax Return Transcript. A Federal Tax Return Transcript can be obtained by calling the IRS at 1800-908-9946 or at IRS.gov
- Non-Tax Filers: independent students and parents of dependent students (but not dependent students) must submit an IRS Verification of Non-Filing Letter. This letter can be requested by mailing or faxing a Form 4506-T (also available from the school or at IRS.gov) to the IRS at the address on the back of the 4506-T form.
- W-2s are also required to verify wage information (even for non-tax filers), if applicable
Make copies of required documents and send them to your school. Be sure to keep a copy of the original for your records.
You’ll receive an award notification from the schools you’ve been accepted to after you have provided the required information. Be sure you understand and compare your financial aid awards carefully.
Paying Your Bill
Bills are typically sent in late June or early July with due date usually in August. For tips on reviewing your bill, check our “Reviewing Your Tuition Bill” video.