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This month the government is rolling out a shorter, simpler aid application in an effort to reduce barriers to higher education, especially for needy students. About 20 million students file the FAFSA, as it is known, each year.
MyCollegeCalendar.org gives invaluable advice and step-by-step instructions for completing the FASFA as soon as possible.
MyCollegeCalendar.org provides a facsimile of the FAFSA Student Aid Report (results families will see when they submit the online FAFSA after January 1, 2010). The Student Aid Report includes the all-important Expected Family Contribution (EFC) calculation and a summary of student information.
Students seeking need-based financial aid must be careful of how much money is in their savings and checking accounts. MyCollegeCalendar.org offers advice on one on approach to increase student eligibility for need-based financial aid.
The online FAFSA should be submitted as soon as possible after January 1, 2010. In the meantime, parents should be working on the FAFSA Worksheet, however, the Worksheet for students entering college in fall 2010 is not available. MyCollegeCalendar.org provides advice on how to best prepare for submitting the online FAFSA.
FAFSA PINs (Personal Identification Numbers) are required for both you (the student) and one of your parents to apply for need-based financial aid. The FAFSA is the Free Application for Federal Student Aid required by virtually all colleges to receive need-based grants and loans from the federal government, state government, and from colleges. MyCollegeCalendar.org gives the link and instructions to obtain FAFSA PINs.
The FAFSA (Free Application for Federal Student Aid) is the largest step in the financial aid process. It is required by virtually all colleges for students to be eligible for need-based financial aid. Parents should learn about the FAFSA process over the next few weeks so they are ready to complete the FAFSA Worksheet in late December and to submit the online FAFSA as soon as possible after January 1, 2010. MyCollegeCalendar.org provides valuable guidelines and how-to instructions for completing the FAFSA.
The push to simplify the process of applying for federal financial aid has been steadily building momentum, but lurking in the background is the prospect that greatly limiting the amount of information that students and families must report on the FAFSA may serve the federal government’s needs, but fails to give states the data they need to allocate their own grants and loans.
Source: Inside Higher Ed
