The Most Important Things Counselors Should Tell Students About Applying for Federal Aid
Tuition is expensive. Have a conversation about your family’s expectations regarding how college will be covered. It’s good to be on the same page before you apply for aid.
The FAFSA is free to fill out and is accessible at studentaid.gov. Steer clear of other sites or programs that claim to fill in the FAFSA for you for a fee.
Watch Out forScams
Save time and avoid mistakes using the IRS Data Retrieval Tool on the FAFSA form, which fills in tax information.
Use Data Retrieval Tools on the FAFSA Application
You’ll use this every year, so make sure you keep your information safe.
Safeguard YourFSA ID
You can begin sending your FAFSA info to up to ten schools even before you’ve sent in your college apps. More schools? You can send your SAR report when you receive it.
Send Your FAFSA to Your Schools
Make sure all info is correct. Errors can be corrected online. Then, make sure your SAR is sent to any new schools on your application list.
If your award letter package isn’t what you expected, call the school. Packages can be updated if your financial situation has changed. Even if your finances are the same, some schools may negotiate.
Know Your Options for Appealing or Negotiating
The grants and loans in your financial aid package may not be enough. In this case, it may be a good idea to consider whether a private student loan is right for you.