FAFSA 101: What Parents of Teens Need to Know

If you’ve got a high schooler eyeing college in the next year of two, there’s one acronym you will want to familiarize yourself with: FAFSA. Short for the Free Application for Federal Student Aid, this form is the gatekeeper to financial help with college—grants, student loans, work-study programs—you name it. It’s essential if you want to be considered for any federal aid (and many state and school-based ones too).

 

MARK YOUR CALENDAR: Final Deadline is June 30, 2025

This one’s big: the FAFSA for the 2025-2026 school year must be submitted by June 30, 2025. Missing it? That could mean missing out on thousands of dollars in aid. So do your future self a favor and get it done asap.

 

Why Sooner is Better

Some types of financial aid, like federal grants and work-study jobs, are first come, first served. That means the earlier you submit your FAFSA, the better your shot is at getting more aid. Even if you’re not totally sure where your teen will be going to college, go ahead and get it done. You’re allowed to update the schools later.

 

Who Should Apply

If your teen is heading to college, you and your student will both need to complete parts of the FAFSA. It’s a team effort. You’ll provide details about household income and taxes, while they fill in personal academic info.

 

Have Questions? You’re not Alone

If this is your first time doing this, let me remind you that it’s okay to feel confused. Luckily, help is everywhere. The official FAFSA website is a good starting point, and most high schools and colleges have financial aid advisors who can guide you through it.

 

What Happens After Submission?

Once you submit your FAFSA, you should expect a confirmation email. Make sure to keep an eye out for follow-up emails, especially ones that might request more information! Then, you’ll begin to receive aid offers, showing how much financial help your student qualifies for. This is key when comparing college options and making decisions.

 

Don’t Leave Money on the Table

The FAFSA might feel like another piece of paperwork, but it can make a major difference in how you pay for college. So, grab a cup of coffee, block out an hour, try to hold your teen’s attention (good luck!) and knock it out.

 

Good luck,

Chandler