Saturday, February 20, 2010

Make it a FAFSA weekend

February is almost over, and that means time is running out to get your federal financial aid applications completed and turned in. If you haven't filed a Free Application for Federal Student Aid (FAFSA), then this weekend is a great time to get started and finish it up.

Of course, if you haven't finished filing your taxes for the 2010 deadline yet, that should be the first step before you do anything else. If you're under 24, this also means you have to get your parents to hurry up and not wait for the last possible minute. Just make sure they know it won't cost them anything to apply for federal aid - the point is to get free money for college, after all!

Once the taxes are in, the next step is to head over to to link the income tax profile to your student aid profile. With a few extra forms and clicks, you'll have all the required data and all that's left to do is sit back and wait to see how the government calculates your personalized financial need.

Just remember: These applications are time sensitive, and even if you're eligible you'll need to turn them in soon if you want to have it for your college before they run out of money!