FAFSA FAFSA 3

Question 1

Which credential is now required to log in and sign the FAFSA online?

Accepted Answer

FSA ID (StudentAid.gov account)

Answer

An FSA ID, the account username and password for StudentAid.gov, is required to access and sign the FAFSA.

Question 2

On the FAFSA, who is considered a 'contributor'?

Accepted Answer

Anyone asked to provide information on the form

Answer

A contributor is anyone (student, spouse, or parent) required to provide information on the FAFSA.

Question 3

What tool transfers tax information directly from the IRS into the FAFSA?

Accepted Answer

Direct Data Exchange (DDX)

Answer

The IRS Direct Data Exchange (formerly the DRT) imports tax data directly into the FAFSA.

Question 4

A dependent student whose parents are divorced and not remarried should report which parent's information?

Accepted Answer

The parent who provided the most financial support

Answer

The parent who provided the most financial support over the past 12 months is the contributing parent.

Question 5

Which document is most useful when completing the financial section of the FAFSA?

Accepted Answer

Federal income tax returns

Answer

Federal income tax returns provide the income data needed for the FAFSA.

FAFSA Practice Test