FAFSA on the Web is an online version of the FAFSA (Free Application for Federal Student Aid). It is available at FAFSA.ed.gov. Students and parents should each obtain an FSA ID for signing the FAFSA on the Web at fsaid.ed.gov.
More than 20 million FAFSAs are submitted using the FAFSA on the Web each year, 98 percent of the total number of FAFSAs filed.
Benefits of Using FAFSA on the Web
Before starting the FAFSA, students and their families should gather some personal paperwork, tax forms and other financial documentation. A key benefit of using FAFSA on the Web is that the processing time is significantly reduced. Applicants who use FAFSA on the Web, provide a valid email address, and sign the form with an FSA ID, will get a SAR (Student Aid Report) in 3-5 days, a week or two quicker than filing the paper or PDF version of the FAFSA.
The online FAFSA has built-in edit checks to catch common errors, yielding a more accurate determination of eligibility for need-based financial aid. There are also fewer questions to answer, as FAFSA on the Web has intelligent skip-logic that omits redundant and irrelevant questions. For example, unmarried students will not be asked questions about a spouse.
Applicants can use the IRS Data Retrieval Tool to transfer information from their federal income tax returns for completing or updating the FAFSA. Using the IRS Data Retrieval Tool may reduce the likelihood that the student’s FAFSA will be selected for verification.
Other benefits include:
- FAFSA on the Web displays built-in, context-sensitive help for most of the questions on the FAFSA.
- In many cases, drop-down boxes are provided so the family can choose from a selection of responses.
- Students may list up to ten colleges on FAFSA on the Web, compared with only four colleges on the paper or PDF versions of the FAFSA.
As soon as the FAFSA on the Web is submitted, a Confirmation Page can be printed to instantly verify that the application has been submitted. This page will contain a Confirmation Stamp showing the date and time that the FAFSA was successfully submitted. The confirmation stamp can be used to prove that the FAFSA was submitted by state and school deadlines.