15 Questions
By when should students and families complete the FAFSA form for the 2023-24 school year?
June 30, 2024
When does the FAFSA 2023-24 application open?
October 1, 2022
When does the FAFSA 2023-24 application close?
June 30, 2024
Do all states have the same FAFSA application dates for the 2023-24 academic year?
It depends on the state
Which of the following is NOT a factor in determining FAFSA deadlines?
Family income
What is the purpose of completing the FAFSA each year?
To receive financial aid for the following school year
What is the initial step for students and families to receive financial aid for college?
Completing the FAFSA
Which year's taxes does the FAFSA 2023-24 application consider?
2021
What is the formula for determining need-based aid?
Cost of attendance - Expected family contribution
What is the Student Aid Index (SAI)?
The new name for Expected Family Contribution (EFC)
Do you need to apply for FAFSA every year?
Yes
Which year's income and tax information is needed for FAFSA for the 2024-25 academic year?
2022
Is FAFSA a loan?
No
Do you have to pay back grants and scholarships received through FAFSA?
No
Is FAFSA first come, first served?
Yes
Test your knowledge on FAFSA deadlines and requirements with this informative quiz. Find out if you're on top of your financial aid game and make sure you're prepared to secure the funding you need for college.
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