2k College Scholarship

Sallie Mae will award $2,000 each month to eligible entrants. No essay or account sign-ups, just a simple scholarship for those seeking help in paying for school. ENTER HERE

This post contains affiliate links and I may be compensated a tiny bit if you make a purchase after clicking on the links. The Savor Summer College Scholarship winners thank you!

FAFSA for College – October 1 is the new January 1

Submit your FAFSA as soon as possible after October 1st from senior year in high school and all through college.

How to get the most financial aid for college as possible

If you haven’t already heard, there is a BIG change in the time of year that the FAFSA (Free Application for Federal Student Aid) opens and this change has many students and parents confused and worried.

Today I have a guest post by college financial aid expert, Jodi Okun, that will ease your mind and help clarify this change.

Thanks so much for sharing your FAFSA information with my readers, Jodi!

FAFSA for College - October 1 is the new January 1

There has been a big change in the college financial aid application deadline.

The FAFSA for the 2017-18 academic year will be online beginning October 1, 2016. There are still some unknowns about how this process will shake out, but there may be a rush to file by students seeking early admission or early decision admissions.

Since there are a number of programs where funding is available on a first-come, first-served basis, it might be wise for students who are submitting regular application admissions to consider filing a FAFSA in October, even if they have not yet settled on a particular college. Here is the information to start gathering now for those who plan on completing their FAFSA in October:

• 2015 tax return: Most applicants should already have their 2015 tax returns completed, so this point is moot for most. But if you needed to file an extension and have not yet completed the process, try to do so immediately. This will allow you to use the IRS Data Retrieval Tool (DRT) when completing your FAFSA financial information. If you are unable to submit your final tax return yet, you can still start working on the FAFSA in October. You will need to estimate your income information, and then you will need to go back and update it once your return is finalized.

• FSA ID: Don’t wait until the last minute to complete this preliminary step either. The FSA ID is a more secure form of obtaining access to your federal student aid information online. It is your electronic passport consisting of a username, password, and answers to security questions, and can be used to sign your online FAFSA.

• Determine student’s dependency: A student’s dependency status affects the amount of financial aid he or she is eligible to receive. While it is usually obvious whether a student is considered dependent or independent, there are some cases where it may be questionable. The FAFSA contains questions that help determine dependency status, but they can also be reviewed online prior to beginning.

• Who is your parent? This also sounds obvious, but the question has become much more convoluted in today’s mixed households. FSA has specific rules which must be followed to report parent information.

Once you have settled those questions, start gathering documentation on social security and Alien Registration numbers, investment and savings accounts, untaxed income, and business or farm income so you will be ready to roll on October 1. Get more information on the FAFSA in my book, Secrets of a Financial Aid Pro. It reviews the entire financial aid process and shows how it dovetails with the college application timeline, talks about good money habits to instill in children as they are growing up, and educates readers on using debt wisely. Order it now, and start getting your student ready to apply to college and find financial aid.

Looking to win college scholarships to help pay for school?  Get your copy of the How to Win College Scholarships ebook and learn the secrets that helped my son win over $100,000 in scholarships and graduate from college 100% debt-free

Appily Easy Money Monthly Scholarship

Open to High School Freshmen, Sophomores, Juniors, and Seniors! APPLY NOW HERE

Click HERE for more information

How to Win College Scholarships has been a tremendous resource for me and my daughter and the scholarship money is already coming in! Especially helpful are the chapters on getting organized, essay writing and updates for online applications. Highly recommended for all parents of college bound high school students. Start now, even if your child is 14 or 15…this guide is a fantastic blueprint and resource. – B.G., Parent


For college expenses not covered by scholarships and federal loans, how2winscholarships has partnered with Sallie Mae® to bring you loans with great repayment options and competitive ratesClick here to apply and learn more details. To instantly compare student loan rates, click here
BONUS: Get your FREE copy of my 10 BEST COLLEGE SCHOLARSHIP TIPS that will show you how to find and win more money for school by clicking here now

Pin It on Pinterest

Share This