A college education is one of the biggest investments you’ll ever make in yourself and your future. Filing the Free Application for Federal Student Aid (FAFSA) is a critical step in figuring out how to pay for it.
That said, it can feel overwhelming at first. The FAFSA really is designed to be straightforward — and once you’ve done it, it’s much easier than it seems at the start — but it isn’t something you can finish in a single sitting. Plus, since you need to submit it every year you’re in school, it’s normal to feel a little stressed about filling out official paperwork for the federal government.
The good news? You don’t have to do it alone. Many smaller colleges, like Alma College in Michigan, have financial aid professionals who can meet with you and your family or supporters in person to walk you through the process. Bekah Schaub, Alma’s director of financial aid, shared the following advice to help you tackle the FAFSA with confidence.
What is FAFSA?
Here’s what you need to know: FAFSA is completely free — the name itself says so — so don’t pay anyone who tells you otherwise. This single form determines your eligibility for federal, state and institutional grants, federal student loans, and work-study programs — all of which can make college more affordable. Federal aid can cover tuition, housing, books, transportation and even related expenses like a laptop.
What’s new for 2026-27?
The FAFSA for the 2026-27 academic year has opened, as of Sept. 25, 2025. Students are advised to file as soon as possible after that date to maximize aid opportunities. (Tip: wait a few days after launch to avoid technical slowdowns.) Previously, the FAFSA had opened closer to December.
Families no longer need to report the value of family fisheries; family farms on which the family resides; and small businesses unless they employ more than 100 people. This change may increase eligibility for aid in some households. FAFSA has also become a little more simplified by removing certain questions it asks you, like housing options.
Get started early
You and a parent or guardian should set up a Federal Student Aid (FSA) ID right away. (If you’re applying for the first time, expect a couple of days for the ID to be processed.) This account will allow you to complete your FAFSA, sign forms, and check the status of your aid. Whether or not you think you’ll qualify, it’s always worth applying.
If you’re interested in Alma, make sure to list the college’s code — 002236 — on your FAFSA and apply by March 1, 2026. Doing so makes you eligible for a $1,000 scholarship. You can also explore additional scholarships at Alma College.
Gather what you’ll need
While waiting for your FSA ID, start collecting your documents. If your parents or guardians claim you as a dependent, you’ll need their 2023 tax information along with your own. (Independent students can still apply with their own tax info.) First-time borrowers should also expect to sign a master promissory note and complete loan entrance counseling — an important step to help you make smart financial choices. Remember, completing these forms doesn’t mean you’re locked into borrowing. You can still change your mind until the loans are applied to your account.
If your family situation is complicated — such as separated or divorced parents, or parents who aren’t able or willing to help with costs — a financial aid counselor can help you navigate special exceptions.
Stay in touch with Financial Aid
Financial aid professionals, like Bekah, are here to support you, no matter where you eventually enroll. The key is timing: don’t put it off. Students who wait until August to complete their FAFSA often find themselves waiting in long lines for help. But if you reach out as soon as the FAFSA opens, you should receive a financial aid offer by mid-November (incoming students) or January (returning students).