What Are the FAFSA Requirements?

To qualify for financial aid, you’ll need to verify your citizenship, enrollment status and financial need.
Anna HelhoskiAug 5, 2021
FAFSA Requirements: How College Students Can Unlock Financial Aid

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All college students attending eligible schools qualify to submit the Free Application for Federal Student Aid, or FAFSA. You're likely to get some kind of aid if you apply, but you may not be eligible for all types. The list of requirements for need-based aid is extensive, and not meeting some can lose you aid eligibility altogether.

Here's what you need to know about FAFSA requirements and aid eligibility.

FAFSA requirements and your eligibility

To be eligible for financial aid, you’ll need to:

  • Have a high school diploma or a recognized equivalency, such as a GED, or have completed a state-approved home-school high school education.

  • Be a U.S. citizen or an eligible noncitizen with U.S. national status, or have a green card, an Arrival/Departure Record (I-94), battered immigrant-qualified alien status or a T visa or a parent with a T-1 visa.

  • Have a valid Social Security number.

  • Be enrolled or accepted for enrollment in an eligible degree or certificate program.

  • Maintain satisfactory academic progress in college if you’re already enrolled. Standards for satisfactory academic progress vary by school.

There are no GPA requirements for incoming students. There are also no income requirements for federal loans, but there is for need-based aid like work-study, certain scholarships and the Pell Grant.

Beginning in the 2021-22 award year, the FAFSA is no longer requiring Selective Service registration prior to receiving federal financial aid; previously, males between the ages of 18 and 25 who aren't already on active military duty had to register to be eligible for aid. Additionally, for this award year, individuals who were convicted on drug-related charges while receiving federal aid will not have their aid eligibility suspended.

Although the questions about Selective Service registration and drug-related convictions will remain on the FAFSA until the 2023-24 award year, they will not impact aid eligibility.

Why your age (and dependency status) matters for eligibility

Your age may affect how much aid you can receive. That’s because your age largely determines if you’re an independent or dependent student and thus whose information you report on the FAFSA.

Federal aid programs assume dependent students have the financial support of their parents.

By age 24, you’re considered independent. For the 2021-22 school year, you’re independent if you were born before Jan. 1, 1998. Independent students have higher borrowing limits than dependent students.

You’re also considered independent if you’re married, a veteran, in a graduate program or have dependents of your own.

If you’re dependent, include both your information and your parents’ on the FAFSA. If you’re independent, report only your information. If you’re independent and married, include your spouse’s information as well.

What you need to submit the FAFSA

You'll need to have several documents ready to complete the FAFSA and qualify for aid. If you are an independent student you do not need to include your parents' information. Necessary documents include:

  • Your Social Security card.

  • Your driver’s license (if you have one).

  • You and your parents' 2019 tax returns.

  • You and your parents' 2019 W-2 forms.

  • You and your parents' 2019 untaxed income records.

  • Your parents' current bank statements.

All applicants will need to create an FSA ID that you'll use to sign the FAFSA and promissory notes. This FAFSA checklist gives you all of the information you'll need to fill it out.

On the FAFSA, you'll need to sign a certification statement saying you:

  • Aren't in default on a federal student loan.

  • Don’t owe money on a federal student grant.

  • Agree that all aid will be used for educational purposes only. That includes tuition, fees and room and board.

If you're eligible for aid, accept all free money, such as grants and scholarships, then consider work-study options before taking out any federal student loans.

How you could lose FAFSA eligibility

You’ll no longer qualify for aid if you can’t meet the basic eligibility requirements listed above. You could also lose eligibility if you:

A specific type of aid may no longer be available to you if you:

  • Are no longer enrolled in a program that makes you eligible to receive funding, such as a TEACH grant.

  • Reach the maximum annual or aggregate lifetime loan limits for unsubsidized or subsidized student loans.

Even if you don’t qualify for more loans, you’ll need to repay any loan you’ve already taken.

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