Need-based scholarships are determined by the Free Application for Federal Student Aid or FAFSA. As soon after January 1 each year of planned enrollment the family should complete the FAFSA. Code 002931 and Guilford will automatically receive the results from your form. The FAFSA must be filed annually in order to reestablish need-bases aid eligibility each year. Students who filed the FAFSA the previous academic year will receive via email a reminder to complete the next year's FAFSA. This email is sent by the U.S. Department of Education to the email address that was reported on the prior year's FAFSA. It is the student's responsibility to file each year's FAFSA, whether or not you receive the federal reminder.