FAFSA #1 Financial Aid for College Students

Have you ever wondered who gives out the most money in financial aid to college student besides the colleges? If you guessed the government, you are right.

The federal government every year gives out more than $70 billion in grants, loans, and work-study awards to millions of student each year. The FAFSA (Free Application for Federal Student Aid) is a must when seeking money for college and plus it is free.

Completing this form could be the most beneficial thing in receiving money for college than any scholarship or grant you receive elsewhere.

The FAFSA goes by your family’s income, assets, and similar information to calculate how much of your money can go into college. Your eligibility for federal aid and other programs depends on this information while also determining eligibility for both undergraduate and graduate aid.

Things needed when filling out the FAFSA:

• Social Security Number.
• Driver’s license number
• W-2 Forms.
• Your federal income tax return.
• Current bank statements and records of stocks, bonds, and other investments.
• Records of other untaxed income received.
• Your business or farm records, if applicable.
• If you are NOT a US citizen, your alien registration number.

Simple tips for completing the FAFSA:

Double check your information is correct and that the form is filled out completely.
Make sure to file the FAFSA as soon as possible after January 1 and keep renewing it each year right after January 1.

Applying online is the fastest way to submit form and receive the results. Requesting a PIN (Personal Identification Number) from www.pin.ed.gov is the first step to completing the FAFSA.

When you start the FAFSA nine step process, make sure you complete each step to avoid making further correction that will delay your submission of application.

More tips and info is coming soon.

God Bless!