The Free Application for Federal Student Aid (FAFSA) Application for 2024-25
- You can file your 2024-25 FAFSA now on studentaid.gov.
- For the 2024-2025 FAFSA, you will be required to report your tax and income information from 2022.
- Although we are not yet able to send out Official Financial Aid Offers, we are sending out guaranteed Financial Aid Summaries to students with completed FAFSAs on file.
- If you are unable to complete the FAFSA and would like a financial aid estimate, you can set up a meeting with the Solutions Center to complete our Net Price Calculator.
If you plan to attend college from: | Submit this FAFSA: | You can submit the FAFSA from: | Use income and tax info from: |
July 1, 2023 – June 30, 2024 | 2023 – 24 | Oct. 1, 2022 – June 30, 2024 | 2021 |
July 1, 2024 – June 30, 2025 | 2024 – 25 | Dec. 30, 2023 – June 30, 2025 | 2022 |
Step One: Obtain a Federal Student Aid (FSA) ID
First, you must obtain an FSA ID, which is an Electronic Signature for both Student and Parent(s) if dependent.
You need an FSA ID when logging into certain Department of Education websites. Create an FSA ID now.
Remember: An email address can be associated with only one FSA ID. Why? The FSA ID is used to electronically sign documents such as loan promissory notes (which establish the binding legal obligation for the loan debt). Therefore, it is extremely important that any communications related to those documents or that FSA ID go to the correct person. Similarly, make sure you don’t let anyone else know your FSA ID or create it for you because you’ll be putting yourself at risk of identity theft or — at the very least — at risk of not knowing how to sign into your own accounts.
Watch the video to learn how to create an FSA ID
The FSA ID process consists of three main steps:
- Enter your login information.
Provide your email address, and a unique username and password. - Enter your personal information.
Provide your Social Security Number, name, and date of birth.
Include your mailing address, email address, telephone number, and language preference. For security purposes, provide and create answers to five challenge questions. - Submit your FSA ID information.
Agree to the terms and conditions.
Verify your email address. (This is optional but helpful. By verifying your email address, you can use your email address as your username when logging into certain Department of Education websites. This verification also allows you to retrieve your username or reset your password without answering challenge questions.)
Step Two: File a FAFSA
Complete the FAFSA every year.
- The FAFSA is available online.
- Log in with your FSA ID.
- This web application automatically prompts applicants to enter all required fields and questions any discrepant data. Renewal applicants may access their Renewal FAFSA at this site using their FSA ID.
University of Lynchburg uses your FAFSA data to determine your eligibility for institutional aid.
Future Act Direct Data Exchange (FADDX)
The 2024-2025 FAFSA and beyond will use the Future Act Direct Data Exchange (FADDX) instead of the Data Retrieval Tool (DRT) to receive Federal Tax Information from the Internal Revenue Service. Each contributor (student and parent(s)) must give consent for this information to be retrieved by FAFSA. Otherwise, you will not be able to complete the FAFSA and be evaluated for federal financial aid eligibility.
*If you only wish to receive merit aid you do not need to complete the FAFSA.