Am I eligible for financial aid?
Just about everyone qualifies for some type of financial aid. In fact, over 8 million students receive financial aid every year. Even if you’re not a straight-A student or a star athlete, you may be eligible for more aid than you think. To see if you meet basic eligibility requirements, take our Financial Aid Eligibility Quiz. Then, complete the Free Application for Federal Student Aid to see how much aid you can get.
When do I start the process?
It’s never too soon to start. There are steps you can take beginning in high school to help you prepare both financially and academically. Otherwise, you should start the year before you go to college by completing the Free Application for Federal Student Aid (FAFSA) as soon as possible after January 1.
What is FAFSA and where do I find it?
The Free Application for Federal Student Aid (FAFSA) is used to determine how much aid you can receive and how much your family is expected to contribute toward your college costs. You must complete a FAFSA (or renewal FAFSA) each you wish to be considered for financial aid.
You can find the FAFSA form online at www.fafsa.ed.gov, or you can get a paper copy from your school’s financial aid office or your high school guidance counselor.
For help with completing your FAFSA, see our online Financial Aid Advisor, “Tips on Completing the FAFSA.”
How can I increase my chances of getting more aid?
The single most effective way to increase your chances of qualifying for more money is to apply as soon as possible after January 1 of the year you wish to receive financial aid. The aid pool at most institutions is limited, and is typically awarded on a first-come, first-served basis. For more information, see our financial aid tips for getting the most money for college. To know the details of student consolidate loans, please stay with us.
This article has written by Miss Money Belle
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