{"id":109035,"date":"2023-03-24T14:37:58","date_gmt":"2023-03-24T14:37:58","guid":{"rendered":"https:\/\/kiiky.com\/?p=109035"},"modified":"2023-11-17T11:42:05","modified_gmt":"2023-11-17T11:42:05","slug":"fafsa-renewal-applications","status":"publish","type":"post","link":"https:\/\/kiiky.com\/fafsa-renewal-applications\/","title":{"rendered":"FAFSA Renewal: What You Have to do In Your Second Year of College"},"content":{"rendered":"\n
Filling out your FAFSA application<\/strong> for the first time last year may have been tough, but we promise it gets easier. When it\u2019s time to renew your financial aid application, some things are the same; some things are different, and some things you get to skip.<\/p>\n\n\n\n While the process is fairly straightforward, there are some documents and information you\u2019ll want to have on hand when you go through the process, as well as a timeframe you\u2019ll want to follow as much as possible. The FAFSA is an incredibly important tool for students, and understanding the renewal process beforehand will help things run smoothly.<\/p>\n\n\n\n If you need a\u00a0refresher on the FAFSA or are applying for the first time<\/strong>, see our previous article, What Is The FAFSA- How To Apply 202<\/a><\/strong>3<\/strong><\/a><\/p>\n\n\n\n When you sit down to fill out your FAFSA renewal, start by having your FSA ID and password, which you would have acquired when you set up your FAFSA last year. This will allow you to bypass much of the information you already filled out and skip over the questions associated with creating an account.<\/p>\n\n\n\n \u201cThe difference with a second-time application is that [students] already have their login. So we always encourage students to have that with them. <\/p>\n\n\n\n As long as they have their username and password, then they can get into their old FAFSA profile and just say they want to renew their FAFSA,\u201d said Kelsey Ryder, Assistant Director at the University of Iowa<\/a> Office of Student Financial Aid.<\/p>\n\n\n\n Of course, if you don\u2019t have your FSA ID username and password, there are other ways to access your account without having to start over:<\/p>\n\n\n\n \u201cThe other thing that students would need when they sit down to do the FAFSA is, if they\u2019re a dependent student, they need their parents with them or their parents would have to get back in and finish it later,\u201d said Ryder.<\/p>\n\n\n\n A dependent student would need their parents with them or their parents to fill out sections later as much of the information needed has to do with the parents\u2019 updated tax records. Parents will need to have their own FSA ID and password that they would have previously created as well to fill out the information.<\/p>\n\n\n\n \u201cThe final piece would be tax information for the parent and student. For this coming school year, it\u2019s the 2023 FAFSA, so they\u2019d need their 2017 tax information,\u201d said Ryder.<\/p>\n\n\n\n You will need the information to update your tax records through the previous year.<\/p>\n\n\n\n \u201cThose are the key pieces\u2013the login and tax information. If they have that, it should be pretty straightforward,\u201d said Ryder.<\/p>\n\n\n\n FAFSA opens on October 1, annually. However, many schools require an earlier deadline or a priority deadline for students to be renewed for scholarships and grants associated with their financial aid application.<\/p>\n\n\n\n \u201cThe earlier the better. Regardless of school, it\u2019s good to file early,\u201d said Ryder.<\/p>\n\n\n\n Ryder explained that it\u2019s best to get your FAFSA in as soon as possible in case of any issues with your application, as you may need to supply additional information, which takes time. <\/p>\n\n\n\n So, in order to make sure you meet deadlines for any scholarships and the financial aid itself, submitting early gives you space if there are more steps to complete your application.<\/p>\n\n\n\n Once you have your login, tax, and parents\u2019 information, you can apply for your FAFSA renewal. Visit the\u00a0Federal Student Aid office website<\/a>\u00a0to log into your account and begin the process. When you log in, you will notice that you can skip questions because they are pre-populated with the information you\u2019ve already provided.<\/p>\n\n\n\n This screengrab from\u00a0Edvisors<\/a>\u00a0shows how you will be prompted to renew your FAFSA once you log in, rather than starting over.<\/p>\n\n\nTable of contents<\/h2>
FAFSA Renewal Application<\/strong><\/span><\/h2>\n\n\n\n
1. Gathering your materials<\/strong><\/span><\/h3>\n\n\n\n
2. Deadlines<\/strong><\/span><\/h3>\n\n\n\n
3. Filling out the application<\/strong><\/span><\/h3>\n\n\n\n