Students and parents, if you’re attending a US college, it’s to fill out your FAFSA. If you’re not all too familiar with the form and what it’s all about, it’s a free application for federal student aid. The application is used to determine the amount of money you’ll be given to go towards your college education. Just about every single US college utilizes the FAFSA system.
There are roughly 14 million students receiving over $80 billion in financial aid yearly.
How is the FAFSA organized? There are five parts: information about the student, information about the student’s dependency status, information about the parents of the student, financial information about the student, and a list of schools that should receive the FAFSA information (similar to providing your college with your SAT/ACT scores).
There are two ways to apply: online or by mail. While the federal deadline is June 30th, April 15 (tax time) is literally right around the corner and some states require this form to be filled out prior to then. Ideally, you should have this form filled out closer to February, but this is a last call reminder in case you were unable to do it then.
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