How often must students complete the FAFSA to remain eligible for federal student aid?

Students must complete the FAFSA (Free Application for Federal Student Aid) annually in order to maintain their eligibility for federal student aid. The annual requirement ensures that the information provided remains current, reflecting any changes in the student's financial situation, family circumstances, or academic plans. This is crucial, as federal aid amounts can vary year to year based on updated data.

By completing the FAFSA each year, students allow financial aid offices to assess their eligibility accurately and determine the appropriate financial aid package for each academic year. Additionally, due to changes in federal funding policies and grant availability, yearly submissions help ensure that students receive the most relevant and adequate support throughout their education.

The other options do not align with the established regulations for federal student aid. For instance, completing the FAFSA every two years or once during a college career would not account for fluctuations in financial circumstances that could affect aid eligibility, which is why an annual renewal process is mandated. Similarly, only completing the FAFSA when changing schools could lead to gaps in receiving aid during consecutive years.