FAFSA Application Tips Santa Fe NM

FAFSA Application Tips

Ever wonder who the largest provider of financial aid is? It’s the federal government! Every year, it doles out more than $86 billion in grants, loans, and work-study awards to millions of students — and it’s really not complicated to find out if you qualify. No matter who you are, you simply have to complete the FAFSA, also known as the Free Application for Federal Student Aid. (And yes, it’s free to apply.)

Why complete the FAFSA?
Completing the FAFSA form could be the most important thing you do when it comes to getting money to help pay for your education, and it may be the only form you need to fill out for some schools to determine your federal and state financial aid eligibility.

In short, the FAFSA takes into account your or your family’s income, assets, and other information to calculate what you can afford to contribute to your education expenses. (Other information might include having siblings in college or family members on a fixed income.) This information is used to determine your eligibility for federal aid, as well as for many institutional, state, and private aid programs. The same form is used to determine eligibility for both undergraduate and graduate aid.

The following tips can help you maximize your chances of getting your share.

Author: Alan Frost

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