Apply for Federal Financial Aid

OCC’s Federal School Code is 002875

Step 1: Create a Student and/or Parent FSAID

Skip this step if you already have your FSAID.   We recommend you use Google Chrome.

In order to fill out the FAFSA, you have to create a Federal Student Aid ID. This username-password combo will allow you to fill out the form online and access information about your financial aid for years to come, including looking up any student loans you must repay after graduation. If you are a dependent student (under 24 years of age) your parent will need their own FSAID. 

  • Go to studentaid.gov
  • Select Create an FSAID and follow the prompts
    • It's important to provide your name, date of birth, and social security number as it appears on your social security card.
    • Make sure you have access to the email and phone number you provide. You will receive six-digit security codes to verify the accounts at the end.
    • Please ensure you save your username, password, and the answers to your security questions. Keep this information somewhere safe, as it is associated with your social security number. 
  • Once you create your FSAID, go to studentaid.gov and log into the FAFSA.

If you have an FSAID already and need to retrieve your info, use the links under Manage My FSAID "Forgot my username" and "Forgot my password." If you need help resetting your FSAID, call Federal Student Aid at 1-800-433-3243.

Step 2: Complete the FAFSA Application

  • Go to fafsa.gov
  • Select: Log in - I am the student and log in using the student's FSAID (not the parent's).
  • Select the appropriate year. If you are doing a renewal application, click FAFSA Renewal.
  • You will be prompted to creat a Safe Key (keep this for future use).
  • Click next until you see your demographic information. This is the beginning of the FAFSA. Read each question carefully and use the hint (?) icon for additional information.

 

Instead of opening in October, the 2024-2025 FAFSA will not be available until December 2023. This is only temporary for 2024. After the 2024-2025 aid year, the FAFSA will be available in October as usual.

Better FAFSA features fewer questions, fewer requirements, and retrieves tax information using a direct data exchange from the IRS instead of the previous IRS Data Retrieval Tool.

  • The FAFSA is introducing the new term contributor, which refers to anyone who is required to provide information on a student’s FAFSA form, including the student, the student’s spouse, a biological or adopted parent, or the parent’s spouse. Being a contributor does not imply responsibility for the student's college costs.  
    • Students will need the contributor’s name, date of birth, Social Security Number (SSN), and email address to invite them to complete the required portion of the FAFSA. 
    • Contributors will need to provide personal and financial information on their section of the FAFSA. 
  • If your parents are divorced or separated, the contributing parent(s) is the parent (and their spouse, if remarried) who provided the greater portion of your financial support during the 12 months immediately prior to filing the FAFSA. It is not automatically the parent you primarily lived with during the past 12 months.
  • All Contributors–student, student's spouse (if married), and student's parents(s) (if a dependent student)–must provide consent to have tax data transferred directly from the IRS to the FAFSA. If consent is not provided by all parties, the student will not be eligible for federal financial aid. In previous years, transferring IRS data was optional. It is now required.
  • The need analysis formula to determine financial aid, formerly known as the Expected Family Contribution (EFC), will now be referred to as the Student Aid Index (SAI). Unlike the EFC, the SAI may be a negative number.
  • Small businesses and family farms are now considered assets*. 
    • *A full list of assets can be found via studentaid.gov.
  • The number of family members in college will still be asked on the FAFSA, but is excluded from the federal, state, and institutional financial aid calculation.
  • The Student Aid Report (SAR) will now be referred to as the FAFSA Submission Summary. This is the summary submission document you receive after completing the FAFSA.

The adjustments to the new Student Aid Index (SAI) calculation will expand Federal Pell Grant eligibility to more students.

Prepare to complete the 2024-2025 FAFSA by doing the following:

While the 2024-2025 FAFSA won’t be available until December, you can still prepare by doing the following:

  • Create an FSA ID on the Federal Student Aid website and assist contributors, such as your parent(s) or spouse, in creating an FSA ID.
    • An FSA ID is an account and password that gives you access to the Federal Student Aid’s online system and serves as your electronic signature.
    • With the FSA ID, you can fill out the FAFSA when it’s available, sign your Master Promissory Note (MPN), apply for repayment plans, complete loan counseling, and use the Public Service Loan Forgiveness Help Tool.
  • Complete the FAFSA as soon as it opens in December.
  • Use the Federal Student Aid Estimator to find out how much federal student aid you may be eligible for starting with the 2024–25 award year.
    • This tool estimates the Student Aid Index (SAI) for 2024–25 award year, not the Expected Family Contribution (EFC) for 2023–24 award year.
  • Opt into SMS message alerts to receive up to date notifications and learn about upcoming changes to the FAFSA.