Sunday, January 24, 2010

Remember to Apply for Financial Aid

It is January again and that means applications for Federal Financial Aid are once again available online for students to complete for free. All applications are time sensitive, so even if you complete your submissions prior to the final deadline, you may have already waited too long! Schools receive a certain amount of funding to disburse in the order applications were received, so even if you're eligible and complete everything on time there might not be any funds left by the time you get to the front of the line.

The first step to applying for federal financial aid is to complete your taxes from the last year - so if you need documentation from your employers be sure to get in contact with them to remind them and let them know! Once you've got your IRS forms complete, it is easy to migrate this data into the FAFSA website and before you know it, you'll receive a report in the email confirming your aid eligibility and estimating the amount of money available to help you fund your college costs.

There's no reason to procrastinate - be sure to complete your Free Application for Federal Student Aid as soon as possible! The process is free and easy, so don't worry about all of those "specialists" who want to charge you tons of money to complete the forms. Thanks to some reforms and rebuilding of the online system, its never been easier or quicker to apply.

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