Do you have a high school senior in the midst of the college application season with questions about the FAFSA? Whether you believe that your child will qualify for aid or not, there are advantages of your child filing the FAFSA. Keep reading to get access to everything that you need to know about the FAFSA!
A. FAFSA 101
What is the FAFSA? This form gives incoming and current college students access to federal aid towards paying for their college expenses.
When is the FAFSA deadline? The FAFSA application season opens on October 1, 2017.
Where do I access the FAFSA form? Please refer to StudentAid.gov to access the form.
What information do I need to provide for the FAFSA form? The information includes federal tax information, untaxed income records, and social security number. Please refer to https://studentaid.ed.gov/sa/fafsa/filling-out for more information.
B. Advantages of Filing the FAFSA
An advantage of filing the FAFSA is that your child could be eligible to receive additional funding in the form of scholarships or grants from the college or university.
Another great advantage of filing the FAFSA is that your child could be eligible to apply for scholarships offered by private organizations that require applicants to complete the FAFSA. Please refer to The Ultimate Guide for Finding and Winning More Money for College Now to learn how to access these scholarships and more to cut college costs for your child.
C. Additional Resources
If you have a unique circumstance or would like to consult with an expert or additional resources, please refer to the resources below.
How to estimate federal aid – FAFSA4caster
Lastly, I want to encourage you to take time to talk with your child about the FAFSA and put a plan in place to make sure that your child completes the form with the correct information by October 1, 2017!