FAFSA First. FAFSA Now.

You won't know until you fill out the FAFSA! You may be surprised to learn what aid may be available for you.

The FAFSA is the first step to being considered for:

• Federal financial aid 
• Vermont grants 
• Scholarships
• Financial aid from the colleges you’re applying to
• Federal student loans 
• Nonfederal student loans, including the Vermont Advantage loan from VSAC 

Here are some tips that will help you succeed with the FAFSA:

• Start early: Each October, the FAFSA is made available for the following school year. Many colleges—and VSAC’s Vermont Grant Program—make financial aid decisions on a first come, first-served basis. Submit your application as early as possible to make sure you get the most aid you can. 
• Gather your documents ahead of time: Be prepared so you can move quickly through the form once you start. To fill out the FAFSA, you’ll need to provide information about your family’s financial situation. Get a list of what you'll need to get started
• Create an FSA ID: The FSA ID is a username and password that is used to sign the FAFSA (and other legally binding documents) electronically and to log in to certain US Department of Education websites. The student—and the student’s parent—will each need their own FSA ID. To create your FSA ID, go to studentaid.gov and choose "Create Account." 
• Make sure you’re on the right site: You should never pay to submit the FAFSA. It’s all free. Be sure the site you're using ends in .gov and not .com.
• Check your deadlines: Schools each have their own deadlines. Vermont grants are available on a first-come, first-served basis. For non-Vermonters, state deadlines are available at fafsa.ed.gov. Be sure to check with the colleges and career schools you’re applying to for their FAFSA deadlines.
• Don’t be afraid to get help: There are many FAFSA resources available right here on the VSAC website—including more tips for getting started, as well as helpful videos. Tips are also available as you go through the application.
• Know your colleges: While completing the FAFSA, you must list at least 1 college to receive your information. To be considered for a Vermont grant, be sure to list your first-choice colleges from any state in the first 3 positions. You may update your choices later to receive aid at a different school. 
• Get ready to apply for the Vermont grant: Once you've submitted your FAFSA, it's time to apply for the Vermont grant. It’s easy.  At the end of the FAFSA you’ll see a link to complete the Vermont Grant Application. Follow the link for application instructions.

The information you provide on your FAFSA will help to decide how much you'll be expected to pay for college or career school—and how much financial aid you may receive.