FAFSA filing tips

Helpful hints for completing the FAFSA

• File for aid using the Free Application for Federal Student Aid (FAFSA) for the upcoming academic year as soon as possible after January 1.
• For Michigan Competitive Scholarship consideration, the federal processor must receive the FAFSA data by March 1.
• Apply each year that you wish to receive aid. It's okay to use estimated income figures if you have not yet completed your federal income tax returns. You can correct the data later when you have the final figures.
• Read the directions carefully. Don't skip items you don't understand. For help, call 1-800-FEDAID (800/433-3243), or consult your high school guidance counselor or college financial aid office.
• Verify that the student's and parent's social security numbers are correct. An error will cause significant delays.
• Dependent students must report parent income and asset information on the FAFSA. Do not report a grandparent or other relative's information even if you are living with and/or being supported by that person. Contact the Office of Financial Aid for instructions.
• Make sure the FAFSA data is released to MSU. MSU's federal school code is 002290.
• Use your Department of Education PIN to sign the online application. If either the student or the parent fails to do so, processing will be delayed.
• If your family assets include any of the following, see Education Savings Plans for how to report them on the FAFSA
  • 529 Savings Plans
    • Michigan Education Trust (MET)
    • Michigan Education Savings Plan (MESP)
  • Coverdell Education Savings Account (formerly Education IRA)
  • Uniform Gift to Minors Act (UGMA) or Uniform Transfer to Minors Act (UTMA)