What type of financial information is sought when completing the FAFSA form?
The form will look for information on cash at hand, any savings and checking accounts that you may have. Information will also be sought on stocks and bonds. You will be asked about real estate, but excepting the home in which you live. Any business and farm assets will be sought from you and your parents if you are a dependent student
Is there any advantage to me for setting up an FSA ID before I begin?
By creating your FSA ID, you could prevent processing delays. If you don't have and FSA ID you will not be able to use the myStudentAid mobile app