My financial situation hasn't changed much from 2014 to 2015; is it necessary to update the FAFSA?

Paying for College
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Topic title

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^You need to file FAFSA every year that you’ll attending school.

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I filed one this year (incoming college freshman) using estimated tax figures from 2014, in order to get it done within January.

I now have my tax figures from 2015 (current), but is it really necessary to update it and send my FAFSA out again, if my numbers haven’t changed much year-to-year?

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Yes, you should use the IRS Data Retrieval tool to get your 2015 numbers and update it.

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If you want to get aid for the 2016-2017 year, you have no choice but to update your information by filing the 2016-2017 FAFSA.