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Applying for Financial Aid FAFSA is Step 1


6 Reasons to File the FAFSA

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6 Reasons to File the FAFSA By Lynn O'Shaughnessy | Jan 28, 2010 | Here’s a financial aid question that I hear a lot: Why should I fill out the FAFSA? Parents who grumble about completing t READ MORE
Applying for Aid...FAFSA is step #1 To be considered for federal financial aid, you must complete and submit a FAFSA. Additionally, most states, colleges and universities use the FAFSA to award other types of institutional financial aid, including state- and college-sponsored financial aid, such as grants, educational loans, and work-study programs. (Note: In addition to the FAFSA, some states/colleges require additional forms or applications for aid. Check with your school’s financial aid office for any state- and/or school-specific requirements.) FASFA Deadlines Many states, colleges and universities have filing deadlines that are much earlier—some occurring as early as the first few weeks in January. Additionally, applicants have to pay particular attention to deadline specifics, as some refer to the date by which individual FAFSAs must be submitted (Transaction Receipt Date), while others refer to the date by which individual FAFSAs must be fully processed (completed by the federal processor and made available to the school financial aid office). IMPORTANT: We strongly encourage all students to check with their school’s financial aid office to determine their exact FAFSA deadline requirements, and to file their FAFSA as soon as possible after January 1st. (Note: Student Financial Aid Services maintains a comprehensive database of individual state and school filing deadlines as a convenience to our clients, and offers special assistance to late filers, including those facing impending deadlines. See FAFSA Deadlines for details.)
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