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 FAFSA – An Important College Scholarship Reason to File

Filing the FAFSA should be #1 on your list of finding money to pay for college and this is why.

FAFSA - An Important College Scholarship Reason to File

What is the FAFSA?

Becoming familiar with financial aid terms is an important part of trying to get as much help as possible in paying for college. The FAFSA (Free Application for Federal Student Aid) form is 100% free to submit.

Applicants and their parents are directed to answer each question with helpful suggestions and information provided along the way. The form should be filed as soon as possible after it becomes available each year. This year (2016) is a transition year, as the FAFSA is open for submitting after January 1st and then again in October (for financial aid in 2017/2018). Starting in 2017, all forms will be only available to submit beginning in October. 

The FAFSA should always be submitted in a timely matter in order to get as much federal and state financial aid as possible for college.

There are many websites offering assistance in completing the forms and although they may be helpful, they are costly and give no guarantee that the student will receive more aid as a result of using their services. If you truly think you need expert help in filling out and filing the FAFSA, I highly recommend Jodi Okun and her book, Secrets of a Financial Aid Pro available here.

Have you filed your FAFSA yet? 

Here is another reason to file, a college scholarship reason!

In addition to the aid that a student may receive from federal and state agencies, many scholarship applications include a box to check asking whether the student has submitted a FAFSA.

Scholarship providers want to know that the student is doing everything possible to get financial help in paying for college and submitting the FAFSA is a very important step in the process.

Even if a family thinks they make too much money to receive any federal or state aid, the form still should be submitted; as it may qualify them for low-interest loans and shows scholarship providers they are serious about finding money to help pay for school. Never assume a family makes too much money and ignore the FAFSA, just do it!

Related: HOW TO GET THE MOST FINANCIAL AID FOR COLLEGE

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An important college scholarship reason to NEVER skip filing the FAFSA!

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