With spring’s arrival, financial aid is on the minds of every family with a senior in the household. The amount of financial aid can make or break many student’s final college decision and can be the deciding factor in whether attending that dream school can be a reality. To maximize the amount of financial aid you can receive, it is imperative to follow all the right steps and not miss out on a sum of money you could be eligible for. There are a few top steps that you can take to get the most financial aid.
1. Fill Out The FAFSA
One of the easiest ways to get financial aid for college is filling out the Free Application for Federal Student Aid (FAFSA). While some students mistakenly believe that the FAFSA or CSS (College Scholarship Service) Profile is only for students with extreme financial needs, this is false. All students, regardless of their economic background, should fill out the FAFSA. This application not only takes into account the income level but also the number of children in the family and how many are enrolled in college simultaneously.
Each year, more than $24 billion in state, federal and institutional aid goes unclaimed because people do not fill out the FAFSA. While the FAFSA can be a bit tedious, it is well worth the few hours it takes to complete.
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