Julia Anderson
Here are some simple tips that will tell you how to get it.
Do you feel that you’re doomed when it comes to paying for college? If so, know that you don’t need a ton of savings or wealthy relatives to get your degree, as you can find funding from the federal government, your state government, schools, and more. Best of all, there’s plenty of money to go around, as statistics show that, on average, students leave two billion dollars in unclaimed federal grants on the table each year.
2023
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What does it take to get cash for college? As you’re about to see, not a lot.
Start With Filling Out Your FAFSA
The Free Application for Federal Student Aid (FAFSA) is your key to unlocking money for school. Sure, it’s not the only way to get grants and scholarships, but it can open up the door to plenty of opportunities, making it essential for any student seeking funding.
Unfortunately, many students fail to fill out the FAFSA because they feel they’ll never qualify for aid. Why? Because some feel as if they make too much income to qualify for need-based aid like Pell Grants. This isn’t necessarily true, however.
Yes, plenty of grants are need-based, but not all of them are. Also, you can get merit-based scholarships and other types of funding by simply filling out your FAFSA. Best of all, it doesn’t cost a thing to complete, and it’s a relatively simple process. What’s the most challenging part? Starting, which you can overcome today.
To begin the process of completing your FAFSA, you’ll want to create your Federal Student Aid ID (FSA ID) first. Without it, you won’t be able to complete your FAFSA since it serves as your official electronic signature. And since it can take some time to get your FSA ID approved, you don’t want to delay creating it.
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What will you need to get your FSA ID and complete your FAFSA? The basics include your driver’s license number, Social Security number, and income information (your taxes). If you’re an eligible non-citizen, you’ll need your alien registration card.
With all of those in order, you’ll be well on your way to completing your FAFSA and watching those opportunities of free college money roll in.
Submit Your FAFSA as Quickly as Possible
When you begin the FAFSA process, be sure to finish it. In other words, don’t start filling out your FAFSA, then leave it for completion later on. Doing so could leave you out of certain forms of funding that are distributed on a first-come, first-served basis, such as Pell Grants, worth as much as $6,495 per year.
Beyond that issue, finishing your FAFSA now gives you more time to deal with your school’s financial aid office, which could become impossible if you wait until they’re swamped with other students before the next semester starts.
Speaking of your financial aid office, make full use of them. They’re experts at helping students fund their education, so if you have questions, give them a call, so you don’t leave any college cash on the table.
Update Your FAFSA Each Year
For each year you plan to study, you’ll need to submit a new FAFSA. Be sure to include any changes to your situation, as a loss of income, for example, could help you get more money.
