Free Application for Federal Student Aid (FAFSA)

FAFSA is the most opted option by the students and parents to have students for higher studies. FAFSA is filled by the students to check their eligibility for the federal education loan. It’s very easy for one to get aid if one completed his/her FAFSA form. It’s even compulsory in many institutions to fill out Free Application for Federal Student Aid (FAFSA) as a high school graduation requirement. FAFSA form is a little complex, with over 100 questions asked; which are more descriptive than the basic income tax form.

One requires to have their unique numerical account number for many official works and keep an eye on expenditure and balance. The account number is required as login credentials to access the service of internet banking and even mobile banking provided by the loan provider. If one is opting for a new loan and credit card services, they need to share their account number there too. Even for tax filling and educational purposes, one needs to fill in their FAFSA account number. So, how one can find his/her FAFSA account number?

How to find your FAFSA account number?

The easier way to find the FAFSA account number is through monthly statements. The account number is always mentioned on monthly statements, it is mentioned on the upper right /left corner with personal details. If you don’t receive a monthly statement in postal form, you can check for it in your monthly statement mails.

If one doesn’t have access to his/ her monthly statement, the other way is to visit the federal student aid (FSA) website. You can log in to the website, through your FSA ID to see loan details. You can get your FAFSA account number in detail. Not even your account number details regarding your loan amount and balance, loan servicer and their contact information, interest rate, and current loan status will also be there.

How to create an account on Federal Student Aid (FSA) website?

Those who have opted to fill out the FAFSA form, through online mode can use their old login credentials. Those who do not have their account on the Federal Student Aid website can create their account. Creating an account on the federal student aid website isn’t a hard task for one. One requires their social security number and mobile phone or email id. One can’t only check their loan details through FSA ID. They can use their FSA account for even signing their mastery promissory note, applying for repayment plans, completing loan counseling, and using the public service loan forgiveness help tool.

Conclusion:

It’s the most important thing for one to keep his /her personal information and documents always with them. If you are planning to visit for any formal paperwork, it is always wise to keep important documents along. Visiting a bank, loan provider, or even for any formal paperwork related to finance always requires you to share your few details, and account number is one of the most important and frequently asked for the financial matter. Every time during filing for income tax, the account number is asked beforehand.

Frequently Asked Question:

What are the basic eligibility criteria for FAFSA?

Need to be US citizen, US national, or eligible non-citizen. Have a valid social security number. These are the uttermost requirement for being eligible for FAFSA.  There are also a few parameters required to enjoy the aid service provided by the US government. For other related information, feel free to visit the official site.

 What is the best way to fill out your FAFSA application?

One can fill out his /her FAFSA application online mode through visiting the official website fafsa.gov. whereas other websites may charge for assistance. You can fill through the myStudentAid mobile application. Those who prefer filling through offline mode to obtain a pdf of the form, call 1-800-433-3243.

 What are the documents required for the FAFSA application?

Students needed their social security number, driver’s license number, tax information, records of untaxed income, current bank statements, and investments. They are also required to fill their choices for schools and institutions.

  1. Does parent’s information is also required for FAFSA form?

Yes, basic personal information of parents is required with their tax information, records of untaxed income, net worth, current bank statement, and investment information.