{"id":2333,"date":"2026-03-18T12:05:27","date_gmt":"2026-03-18T16:05:27","guid":{"rendered":"https:\/\/www.bridgeport.edu\/news\/?p=2333"},"modified":"2026-03-18T16:37:52","modified_gmt":"2026-03-18T20:37:52","slug":"how-to-apply-for-financial-aid-and-fafsa","status":"publish","type":"post","link":"https:\/\/www.bridgeport.edu\/news\/how-to-apply-for-financial-aid-and-fafsa\/","title":{"rendered":"How to Apply for Financial Aid (including the FAFSA!)"},"content":{"rendered":"<p><a href=\"https:\/\/www.bridgeport.edu\/news\/how-to-help-your-child-apply-to-college\/\">Applying for college<\/a> can feel overwhelming. After all, you\u2019re searching for the right school, taking tests like the ACTs and SATs, filling out applications, and applying for financial aid. Now you have to also worry about how to apply for student loans and other funding? It\u2019s easy to get discouraged amid all the multi-step processes you\u2019re trudging through.<\/p>\n<p>During this process, you\u2019ll probably find yourself needing to know how to apply for financial aid in order to pay for your college education. Thankfully, with proper planning and the right resources, students can complete the <a href=\"https:\/\/www.bridgeport.edu\/news\/parents-can-help-with-college-application-process\/\">college application process<\/a> and fund their education without undue stress or sleep loss.<\/p>\n<p>Below, we\u2019ll unpack one of the most common steps students take to procure financial aid when applying for college: how to apply for FAFSA \u2014 the Free Application for Federal Student Aid.<\/p>\n<h2>What is the FAFSA?<\/h2>\n<p>The FAFSA is one of the primary <a href=\"https:\/\/www.bridgeport.edu\/news\/6-ways-to-pay-for-college-a-parents-guide\/\">sources of financial aid<\/a> for students and their families. It\u2019s how students access financial assistance from both the federal and state governments. Some colleges and universities also use it to help determine a student\u2019s financial need and need-based grants and scholarship eligibility.<\/p>\n<p>Financial aid obtained from the FAFSA, totaling $38 billion, comes through grants, work-study eligibility and opportunity, and federal student loans.<\/p>\n<p>One well-known type of funding is a <a href=\"https:\/\/studentaid.gov\/understand-aid\/types\/grants\/pell#award-amounts\">Federal Pell Grant<\/a>, awarded to undergraduate students who display exceptional need. Although with updated Pell Grant rules \u2014 foreign income is now taken into account toward eligibility \u2014 some students with a higher SAI (Student Aid Index) may lose access to funding in the coming 2026-27 school year.<\/p>\n<p>All US citizens and eligible non-citizens must fill it out yearly to apply for federal financial aid.<\/p>\n<h2>How to apply for FAFSA<\/h2>\n<p>If you\u2019re wondering how to apply for financial aid or how to apply for student loans, applying for FAFSA is a crucial first step in finding the money needed to fund a student\u2019s education. This is why knowing how to apply for FAFSA and submitting everything properly is essential.<\/p>\n<h3>Step 1: Gather information<\/h3>\n<p>Applying for financial aid is a multi-step process that will take a bit of elbow grease. As the FAFSA will ask you to provide specific information about demographics, parents, financial information, and school selections, you\u2019ll want to gather everything you\u2019ll need ahead of time to speed up the process of applying for FAFSA as much as possible.<\/p>\n<p>Luckily, things continue to get more organized and convenient for all involved. The 2026-27 application process even allows students to invite parents or spouses via email, which reduces errors in Social Security numbers.<\/p>\n<p>Students should have the following ready:<\/p>\n<ul>\n<li>Social security numbers<\/li>\n<li>Federal income tax returns<\/li>\n<li>Family size and income<\/li>\n<li>Personal income (if any)<\/li>\n<li>List of colleges you\u2019re applying to<\/li>\n<\/ul>\n<h3>Step 2: Create a Federal Student Aid (FSA) ID<\/h3>\n<p>Once you have the information, you\u2019ll need to know where as well as how to apply for FAFSA. Students can access <a href=\"https:\/\/studentaid.gov\/fafsa-app\/ROLES\">the free application<\/a> online, so it\u2019s remarkably convenient.<\/p>\n<p>The first real step when applying for FAFSA will ask you to create an FSA ID, a unique identifier that you\u2019ll use to complete the FAFSA each year you\u2019re in college. While applicants could always complete this form quickly, students can now verify their identity in real time with the SSA to expedite account setup; in the past, this took a few days.<\/p>\n<p>Additionally, if you are a dependent student, one parent must create a separate FSA ID.<\/p>\n<h3>Step 3: Fill in student information<\/h3>\n<p>Once students have their FSA IDs, they can apply online for the FAFSA. First, choose the form you\u2019d like to complete. This will likely be for the upcoming school year. Then, begin filling out the student demographic section.<\/p>\n<p>Students can <a href=\"https:\/\/studentaid.gov\/help-center\/answers\/article\/how-to-add-college-or-career-school-to-fafsa\">select up to twenty colleges<\/a> to send their FAFSA information to during this section. Students should list any colleges of interest at this time, regardless of whether they have applied or been accepted.<\/p>\n<h3 style=\"text-align: center;\"><a href=\"https:\/\/www.bridgeport.edu\/cost-financial-aid\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=how_to_apply_for_financial_aid\"><em>Need help navigating financial aid? Explore your options and find support every step of the way at UB.\u00a0<\/em><\/a><\/h3>\n<h3>Step 4: Fill in parent information<\/h3>\n<p>After filling out the student section, students will enter information about their parents. Remember, you must complete this section even if you are not living with your parents. Additionally, if your parents are divorced or separated, you must list the parent providing more financial support, not necessarily the one you may have lived with most recently.<\/p>\n<h3>Step 5: Provide financial information<\/h3>\n<p>In this next step, students will enter their household\u2019s financial information, including their personal and parental income. However, the 2026-27 FAFSA application includes certain asset exclusions. Now, students need not include financial information for smaller family-owned businesses (under 100 employees) or for farms or fishing operations.<\/p>\n<p>Plus, applying for FAFSA online means you can use the FUTURE Act Direct Data Exchange, which automatically pulls the necessary information from past tax returns and will make any necessary exclusions on your behalf.<\/p>\n<h3>Step 6: Double-check your FAFSA<\/h3>\n<p>The language on the FAFSA is formal and bureaucratic, so read each question carefully and double-check your answers before you hit submit.<\/p>\n<p>Common mistakes include:<\/p>\n<ul>\n<li>Listing a parent or student-owner 529 college savings account as a student asset.<\/li>\n<li>Reporting retirement account balance (money in a 401(k), IRA, or Roth IRA.<\/li>\n<li>Not including the home equity value of your primary home.<\/li>\n<\/ul>\n<p>Making corrections to your FAFSA after submitting it can be difficult and even delay your financial aid notification. So instead, save and proofread your information multiple times.<\/p>\n<h3>Step 7: Sign and submit<\/h3>\n<p>Once you complete the entire form and ensure all the information is correct, you will electronically sign and submit the form.<\/p>\n<p>If you submit online, the US Department of Education will process your application within three to five days. If you submit a paper application by mail, it is typically processed within 7 to 10 days.<\/p>\n<h2>Ready to Apply for Financial Aid?<\/h2>\n<p>Applying for financial aid and completing the FAFSA doesn\u2019t have to be overwhelming; it\u2019s a key step toward making college more affordable and accessible. By gathering your documents, completing each section carefully, and submitting your application early, you increase your chances of receiving the aid you need. Remember that federal, state, and institutional deadlines matter, and you\u2019ll want to stay on top of those each year you enroll.<\/p>\n<p>Students have many options to pay for college, including scholarships, private and federal loans, and savings. The FAFSA is a free application that unlocks access to many types of funding and should be students\u2019 first step when gathering funding for school. As federal funding fluctuates, note that <a href=\"https:\/\/studentaid.gov\/articles\/subsidized-vs-unsubsidized-loans\/\">direct unsubsidized loans<\/a> have increased funding limits available for professional students to around $50k\/year with a $200k lifetime cap*.<\/p>\n<p><em>*Note, this applies to students starting a new program. Returning students who borrowed federal loans prior to 7\/1\/26 will be grandfathered into the old rules unless they make certain changes.<\/em><\/p>\n<h2>Start your financial aid application with confidence<\/h2>\n<p>The deadline to do the FAFSA for 2025-2026 academic year is June 30th, 2026. We recommend submitting applications early and well before any school and state deadlines as most awards are first-come, first-served. Then, contact our <a href=\"https:\/\/www.bridgeport.edu\/cost-financial-aid\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=how_to_apply_for_financial_aid\">financial aid office<\/a>, where our staff is ready to support you in applying for financial aid at University of Bridgeport and through the FAFSA. We are here to help!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Applying for college can feel overwhelming. After all, you\u2019re searching for the right school, taking tests like the ACTs and SATs, filling out applications, and applying for financial aid. Now you have to also worry about how to apply for &hellip; <a href=\"https:\/\/www.bridgeport.edu\/news\/how-to-apply-for-financial-aid-and-fafsa\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">How to Apply for Financial Aid (including the FAFSA!)<\/span><\/a><\/p>\n","protected":false},"author":29,"featured_media":2335,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[94],"tags":[2],"class_list":{"0":"post-2333","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-featured","8":"tag-featured","10":"fallback-thumbnail"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Apply for Financial Aid &amp; FAFSA | University of Bridgeport<\/title>\n<meta name=\"description\" content=\"Learn how to apply for financial aid, including the updated FAFSA. 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