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You are here: Home / College Financial Aid / Student Financial Aid / College Financial Aid 101 / Determining Financial Aid Eligibility

Determining Financial Aid Eligibility

Step Three – Determining your Financial Aid Eligibility

To obtain a realistic idea of what you may qualify for in Federal and State Aid, you will need to complete a Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Each student’s circumstance is unique, so you can’t assume that your friends or acquaintances will have the same eligibility.

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Basic Federal Student Aid Requirements

In order to qualify for Federal Student Aid, you must:

  1. Be a citizen or eligible non-citizen of the United States
  2. Possess a valid Social Security Number
  3. Be registered for the Selective Service if you are a male over 25 years of age
  4. Register for the Selective Service if you are a male between 18 and 25 (which can be completed as a part of the FAFSA application process)
  5. Reach post-secondary academic requirements
    • Have a valid high school diploma or equivalent of a high school diploma OR
    • Have completed high school level homeschooling OR
    • Have successfully completed the ability-to-benefit test or six credits of college level coursework that apply to a degree or certificate level program at the post-secondary institution
  6. Maintain satisfactory academic progress
  7. Complete a Free Application for Federal Student Aid

The FAFSA needs to be completed for the time frame that you plan to attend the post-secondary institution and receive aid. For example, the 2020-2021 FAFSA is in effect July 1st, 2020 through June 30th, 2021. The 2020-2021 FAFSA will become available for completion on October 1st, 2019 and will be applicable from July 1st, 2020 through June 30th, 2021. (and so on!)

LEARN MORE: Financial Aid for Non-Citizens >>>

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