While the FAFSA’s primary benefit is providing you with grants and federal loans, there are some additional reasons to apply. Some schools, states, and outside organizations offering scholarships or grants may ask for your FAFSA information to help determine if you’re eligible for other types ...
Using an FSA ID allows you to prefill some of your financial information and import information from a previous year’s FAFSA® as well. What information do I need to create an FSA ID? To create your FSA ID, you’ll need the following: Some basic personal information Your Social ...
Filing a FAFSA does not obligate you to accept any aid you might be offered—it just gives you the option to access it. When Is the FAFSA Due? To be eligible for federal student aid, you must submit a FAFSA or FAFSA renewal each school year. You’ll need to consider three ...
To unlock federal student loans and federal student aid, you’ll need to fill out theFAFSA form. It’s free and opens in October each year. Fill it out the year before you plan to attend school and reapply with anew FAFSA formeach school year. ...
If you’re an American student who is on financial aid at your home university, you will likely be able to get financial aid to study abroad. If you’ve taken out a federal loan, check out thislist of countries that accept FAFSA. If your school has given you a private grant, you lik...
"I tell people to just set up an email address specifically for this," she says. "If the financial aid officer is asking for verification of information that was provided on the FAFSA, you're going to need to respond quickly." But getting selected shouldn't cause you to panic. "Do not...
Once they've started working, they’ll receive the funds in the form of a paycheck, much like any other form of part-time hourly employment. And unlike with loans, students do not need to pay back money earned via work-study. “This differs from the other types of aid su...
Can I apply for both scholarships and grants? Yes, you can apply for both scholarships and grants to manage your academic expenses. Most college students apply for both of these aids. If you fall short of funds even after obtaining your scholarships and grants, go for a student loan. Try ...
Do I Have to Accept the Entire Amount Listed on My Award Letter? No. Your FAFSA award letter is only a menu of the financial options available to you. Once you know what you're eligible for, you can pick and choose what works best for you. What Types of Financial Aid Are Best? Mos...
A Stafford loan is a type of fixed-rate loan available to college and university undergraduate, graduate, and professional students attending college at least half-time.