Also, the sooner you apply, the sooner you’ll get yourfinancial aid award letterfrom the university. If you haven’t filled out the FAFSA, the college can’t tell you how much financial aid you qualify for. If you’re an incoming freshman, this could make it harder to decide which co...
As of Monday evening, the FAFSA is available for families to fill out 24/7, aside from when the site needs routine maintenance. It's a good idea to get your application in as soon as possible to make sure you meet any deadlines to qualify for aid and grants for the upcoming school ye...
In a growing number of states, however, students must first fill out the Free Application for Federal Student Aid, or FAFSA, before getting to that moment. The FAFSA is required for a student to be eligible for federal student loans, grants or federal work-study, and often to qualify for...
But this year, the FAFSA is rolling out two months late because of the overhaul. Instead of opening on the traditional date of about October 1, the Department of Education only this week unveiled thelatest versionof the form, while noting that the agency might periodically pause access as...
FAFSA and Financial Aid FAQs The Bottom Line By Adam Hayes Updated September 05, 2024 Reviewed by Marguerita Cheng Fact checked by Suzanne Kvilhaug Part of the Series Paying for College Guide The Good Brigade / GettyImages Definition Higher education is a major financial undertaking, and financial...
How does the FAFSA work? The FAFSA is an application process that has to be repeated before each school year to be considered for federal aid likeloans,scholarshipsandwork-studyfunding. The process has a few key steps. First, you’ll need tofill out and submit your FAFSA application. You ...
Note: Beginning with the 2024-2025 school year FAFSA, which opened in December 2023, the Student Aid Index (SAI) will replace the expected family contribution (EFC). The SAI will be listed on your FAFSA Submission Summary, replacing the Student Aid Report (SAR). This article focuses on the...
Four types of financial aid to consider before taking out student loans Financial Aid 4 min. read FAFSA® eligibility: Who qualifies for financial aid? College Loans 3 min. read How to choose a private student loan lender College Costs ...
Start a financial aid folder to keep all your financial aid documents organized. Doing so will save you time and help you out, especially considering the fact that you must file a FAFSA every year you apply for financial aid! Make a note of the earliest deadline (state, federal, or colle...
The 2025-26 Free Application for Federal Student Aid (FAFSA) is open to all students as of Nov. 18 — and you should submit it as soon as possible if you think you might be in college next year. The FAFSA unlocks all federal student aid, including studen