FAFSA Flashcards
7 cards from real FAFSA practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 FAFSA flashcards as text
Which credential is now required to log in and sign the FAFSA online?
Answer: FSA ID (StudentAid.gov account)
An FSA ID, the account username and password for StudentAid.gov, is required to access and sign the FAFSA.
On the FAFSA, who is considered a 'contributor'?
Answer: Anyone asked to provide information on the form
A contributor is anyone (student, spouse, or parent) required to provide information on the FAFSA.
What tool transfers tax information directly from the IRS into the FAFSA?
Answer: Direct Data Exchange (DDX)
The IRS Direct Data Exchange (formerly the DRT) imports tax data directly into the FAFSA.
A dependent student whose parents are divorced and not remarried should report which parent's information?
Answer: The parent who provided the most financial support
The parent who provided the most financial support over the past 12 months is the contributing parent.
Which document is most useful when completing the financial section of the FAFSA?
Answer: Federal income tax returns
Federal income tax returns provide the income data needed for the FAFSA.
The FAFSA uses income from which tax year, known as the 'prior-prior year'?
Answer: Two years before the award year
The FAFSA uses tax information from two years prior to the award year.
What must a contributor provide consent for on the FAFSA?
Answer: Disclosure of federal tax information
Contributors must consent to having their federal tax information disclosed and used.