8 Things You Need to Do Before Filing the FAFSA

Senior Director Financial Aid Methodology, the College Board

Feb   2013



8 Steps for Filing the FAFSA

It’s time.

The Free Application for Federal Student Aid (FAFSA) is how millions of students apply for federal, state, and most college-based financial aid. And because government grants compose 74% of this $185 billion pool, it’s understandable for families to feel anxious before filing the FAFSA.

It doesn’t have to be that way. Susan McCrackin, Senior Director Financial Aid Methodology at the College Board, offers this eight-step map to help parents and students work through the FAFSA as efficiently and effectively as possible.

1. Gather your documents

It is much easier to fill out the FAFSA if you have all the needed forms in hand before you start. Here’s a list of documents to get you going. You should also get a U.S. Department of Education personal identification number (PIN). Here’s the PIN application link.

2. Think about taxes

Parents’ taxes are an important part in the FAFSA process. Getting taxes done by February 1 may be unrealistic, so last year’s taxes and this year’s paystubs can help create estimates. After February 3, the IRS Data Retrieval Tool becomes available, allowing students and parents to access the IRS tax return information needed to complete the FAFSA and transfer the data directly into their FAFSA from the IRS website. And if you owe the government money, take note: you can complete your taxes without actually filing and cutting a check to Uncle Sam.

3. Find quiet time  

The FAFSA has a lot of sections. Breaking them into smaller pieces makes the FAFSA easier to navigate. Consider these do’s and don’ts.

  • Don’t sprint. Take questions one at a time and give yourself time to properly answer each question.  
  • Do read each question carefully and out loud. It will help you understand the question better.
  • Don’t multi-task. Put your mobile phone away, and turn off the television.
  • Do find a quiet place where the FAFSA will have your full attention.

4. Stay student focused

Parents often forget that the student always provides information. Parents are required to provide their information if the student is dependent. 

So remember that when a question that refers to “I,” that “I” is the student. “You” is also the student. When questions address parents, they will see questions that refer to “your parents.” This is where parental information goes.

5. Avoid parent traps

As families evolve, so do questions about who needs to provide information for the FAFSA. When you see “parents,” FAFSA is referring to the student’s biological or adoptive parents. When the parents are married, then the student and both parents complete the FAFSA. 

If the parents are not together, things can get confusing. BigFuture by the College Board created the corresponding infographic to help address some commonly asked questions.


6. Keep track of deadlines

Every college has a different set of deadlines based on priority, merit, early decisions etc. BigFuture by the College Board helps families sort through these deadlines with detailed college profiles and a free, customized action plan. And, should you have specific questions about specific colleges or universities, don’t be afraid to call the college’s financial aid office and ask questions.

7. Look into the CSS/Financial Aid PROFILE®

Filing the FAFSA opens the doors to federal aid. But there’s also almost $50 billion in non-federal aid available—from colleges, states, and private institutions. Some colleges and programs use the College Board’s CSS/Financial Aid PROFILE to help award these monies.

CSS/Financial Aid PROFILE is an online application that collects information used by almost 400 colleges and scholarship programs to award financial aid outside sources from the federal government. Families must complete the application and the College Board sends it to the colleges and scholarship programs they have chosen.  

Here’s a list of colleges that use CSS/Financial Aid PROFILE® and where you go to complete the CSS/Financial Aid PROFILE®. Sending your CSS/Financial Aid PROFILE® report to one college or scholarship program costs $25. Additional reports are $16 each. There are fee waivers available for low-income families.

8. Gain experience

The more you experience something, the better you do. This free FAFSA webinar walks you section by section through an actual application with the College Board’s Senior Director for Financial Aid Methodology, Susan McCrackin. Families can access the free FAFSA webinar 24/7.

It’s time. Go after your piece of the more than $185 billion in financial aid to help make college possible. Chances are it will lead to an investment that provides returns for the rest of your life.

Note: Did you know you could win a $10,000 scholarship for college or grad school just by registering on CollegeXpress? This is one of the quickest, easiest scholarships you’ll ever apply for. Register Now »

About Susan McCrackin

Susan McCrackin

Susan McCrackin has over 30 years of experience in financial aid. Prior to coming to the College Board in 1999, she served as the Director of Financial Aid at Wofford College in Spartanburg, South Carolina, and enjoyed many opportunities to train and present on financial aid. Currently, Ms. McCrackin supports the College Board’s CSS/Financial Aid PROFILE® and works with financial aid professionals to maintain and oversee the Institutional Methodology many private schools use to award their own institutional aid. She participates in many financial aid programs in the Northern Virginia area that focus on the successful completion of the FAFSA.