Apply as soon as possible for financial aid! The actual deadline for the Free Application for Federal Student Aid (FAFSA) is not officially due until June 30 in most states. However, if you wait this long your chances of obtaining federal aid could be very poor. The FAFSA is the only way you can qualify for federal aid and Pell Grants. More than 80% of students fill out … [Read more...] about FAFSA Deadline – Fill Out Required Financial Aid Forms!
FAFSA
Debt and Financial Aid
A common question students have is how they can manage their debt and their financial aid. Unfortunately when you fill out the FAFSA form there is no place to put down the amount of debt you owe. The form basically wants to know about your income, your family's income and assets. Non-traditional students may already have a substantial debt of some kind. It is wise to seek … [Read more...] about Debt and Financial Aid
Get a Head Start on your Financial Aid: File Your Taxes Early !
All employers, schools, organizations, etc. are required to send your tax information to you by January 31 of each year. Examples: W-2s (from your employer- record of wages earned) 1098T (record of college tuition and fees) 1099 Misc (record of non employer wages) ***For more information visit www.irs.gov. If you are planning … [Read more...] about Get a Head Start on your Financial Aid: File Your Taxes Early !
Visiting the Financial Aid Office (Part II)
This is Part II of our "Visiting the Financial Aid Office" article. Hopefully, you read Part I already. Gathering Documents Whether you are going to the Financial Aid office to get assistance in filling out the FAFSA, filling out student loan paperwork for the first time or because you need a breakdown of what you are eligible for in financial aid, making sure you have all … [Read more...] about Visiting the Financial Aid Office (Part II)
Why Not All Student Loans Are Created Equal
by Mara Strom Some of you may be wondering whether qualifying for a federal loan is really that big of a deal. You figure money is money, and debt is debt. Plus, you've heard that applying for and getting accepted for a private loan is easier and faster. While it's true that any green will pay the bills, not all loans are equally emerald. Here's a look at the major … [Read more...] about Why Not All Student Loans Are Created Equal