Dakota Fanning: Pink, Pink, Pink!

Dakota Fanning arrives at LAX Airport in Los Angeles on Friday afternoon (January 20).

The 17-year-old actress was living up her love for pink — with a wallet, jacket and bag — and is now back in the Big Apple, to continue her education at NYU.

PHOTOS: Check out the latest pics of Dakota Fanning

In Sundance news, Dakota is in final negotiations for Very Good Girls, Deadline reports.

The project is expected to start shooting this June in New York and finds two lifelong best friends (Fanning, Elizabeth Olsen) in the summer after their high school graduation, both determined to lose their virginity as a rite of passage into the adult world. When they fall in love with the same boy (Anton Yelchin), their quest becomes much more complicated and emotionally dangerous than they ever imagined. They come out of the summer more women than girls, but in ways that they never imagined.

15+ pics inside of Dakota…