An FSA ID is a username/password used to log in to U.S. Department of Education websites. Each student will need an FSA ID. In addition, one parent of each dependent student will need their own FSA ID in order to sign the FAFSA.
If you are a dependent student, you will need your parent’s SSNs as well. If you are not a U.S. citizen, but will qualify as an eligible non-citizen, you will need your Alien Registration number.
It is highly recommended that you use the IRS Data Retrieval tool, which pulls information directly from your tax return into your FAFSA. If you do not wish to use the retrieval tool or do not qualify you will need your tax return and any W-2s.
Interest income, veterans non-education benefits, child support, etc., are all examples of untaxed income you are required to report on the FAFSA. You will want to reference the appropriate year’s records of this information for you and your parents (if dependent).
Assets include savings and checking account balances, as well as the value of investments such as stocks/bonds/real estate (except the home in which your family lives). You should report the current amounts as of the date you sign the FAFSA.