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FAFSA Application Statistics
The following table shows the total number of Free Application for Federal Student Aid (FAFSA) forms received by the US Department of Education during each quarter of the application season. FAFSAs can be submitted from January 1 until the end of the award year (the following June 30), yielding a total of six quarters of data. Some data is missing because the US Department of Education did not release data in a consistent quarterly fashion before 2008-09.
The following table shows the cumulative number of FAFSAs received by the US Department of Education by the end of each quarter of the application season.
Increases in the Number of Financial Aid Applications The number of FAFSAs submitted in Q1 of 2010-11 represent a 17.5% increase over the same period in 2009-10, an increase of about 1.2 million. The number of FAFSAs submitted in Q2 of 2010-11 represent a 12.3% increase over the same period in 2009-10, an increase of about 630,000. The number of FAFSAs submitted in Q3 of 2010-11 represent a 1.3% increase over the same period in 2009-10, an increase of about 49,000. The number of FAFSAs submitted in Q4 of 2010-11 represent a 7.3% decrease over the same period in 2009-10, an decrease of about 131,000. The number of FAFSAs submitted in Q5 of 2010-11 represent a 7.9% decrease over the same period in 2009-10, an decrease of about 96,000. Thus it appears that the increase in the number of FAFSAs from one year to the next has started slowing. However, the number of FAFSAs submitted in Q1 of 2011-12 represent a 13.8% increase over the same period in 2010-11, an increase of about 1.1 million, so perhaps the year-over-year decreases in Q4 and Q5 of 2010-11 represent a shifting of applications to earlier quarters more than they represent a slowing of the number of applications. The YTD cumulative number of FAFSAs submitted in Q1 through Q5 of 2010-11 is 20.6 million, fairly close to the total postsecondary enrollment. From 2007-08 to 2010-11, the number of FAFSAs submitted increased from one year to the next at record rates. The number of FAFSAs submitted in Q1-Q6 of 2009-10 represent a 18.8% increase over the same period in 2008-09, an increase of more than 3.1 million. This represents a 33.4% increase over the same period in 2007-08, an increase of more than 4.8 million. The number of FAFSAs submitted in 2008-09 (Q1-Q6) represent a 12.3% increase over the number of FAFSAs submitted in 2007-08, an increase of more than 1.7 million. The number of FAFSAs submitted in 2007-08 (Q1-Q6) represent a 4.1% increase over the number of FAFSAs submitted in 2006-07, and increase of more than 500,000. The number of FAFSAs have been increasing at an average annual rate of 4.7% from 1997-98 (when FAFSA on the Web first became available) to 2008-09.
When Do Students Submit the FAFSA? Typically, one third of FAFSAs are submitted in the first quarter of the application processing season, three-fifths by the end of the second quarter, five-sixths by the end of the third quarter and 91% by the end of the fourth quarter. Only 6% and 3% of the FAFSAs are submitted in the fifth and sixth quarters, respectively. Colleges and States with the Most FAFSAs The following table shows the colleges with the most FAFSAs, based on the full season statistics for 2008-09.
The following table shows the states with the most FAFSAs, based on the full season statistics for 2008-09.
Additional Resources Quarterly FAFSA application statistics by state and by school since 2006-07 are available in the FSA Datacenter section of the US Department of Education's web site.
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