Family Connect

Monday, February 2, 2015

Have you completed the FAFSA yet?


The FAFSA is a form parents should complete each year for children going to and in college. "Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. At the office of Federal Student Aid, 1,200 employees help make college education possible for every dedicated mind by providing more than $150 billion in federal grants, loans, and work-study funds each year to more than 13 million students paying for college or career school." (https://studentaid.ed.gov/about

Five Things to Remember about FAFSA:
1. FAFSA is free. There are sites out there that mimic the FAFSA site, but they require a fee. FAFSA is all about FREE student aid.
2. There are deadlines. Be sure to file your taxes early and complete the FAFSA by the stated deadlines. 
3. You can file early. Even if you haven't filed taxes for this year, you can complete the FAFSA based on last year's taxes and then update once you have filed the current year's tax returns.
4. Don't fall for the myths. ALL students attending college should file regardless of financial status EACH year the student will be attending college.
5. FAFSA isn't just for federal aid. "Many states and colleges use your FAFSA information to determine your eligibility for state and school aid, and some private financial aid providers may use your FAFSA information to determine whether you qualify for their aid." (https://fafsa.ed.gov/help.htm)

Learn more about FAFSA here: http://en.wikipedia.org/wiki/FAFSA

Get started today by filing on-line at https://fafsa.ed.gov/index.htm

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