Sunday, January 8, 2012

JANUARY MEANS FINANCIAL AID AND "TIME FOR FAFSA"


Happy New Year! I hope your holiday break was filled with happy memories and lots of relaxation.

The start of the new year means one thing: "It's time to file the FAFSA!" 

If you are looking for financial aid, this is your chance to qualify for need-based loans and grants.  While we encourage families to start entertaining financial aid questions early on,  the FAFSA is the start of the whole process and all colleges and universities will require it.  

The FAFSA is a form to be completed by the family and it is renewable every year. Everyone should apply, even if your family makes $400,000 per year. You may be eligible for some type of aid.

Here are a few things to remember about filing:
  • FAFSA stands for the Free Application for Federal Student Aid. This means that it is FREE to file. You can access the forms by heading to the following website: www.fafsa.gov
  • The deadline to file is February 15th.  For the best possible financial aid package, filing by this date is highly recommended.  It is done on a first come basis, and it must be filled out correctly or it will be kicked back to you.
  • You will need to obtain the school codes in order to file.
  • You must be accepted into school before the college or university can award your financial aid.

As always, if you have any questions about the application process or the FAFSA filing process, please don't hesitate to contact us. We are looking forward to hearing from you!

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