Financial Aid Errors Students Make

Financial Aid Errors Students Make

Financial Aid Errors Students Make

1. Not applying for student financial aid - It made sound too evident to be true, though lots of students as well as their families assume that they will not qualify for college financial aid thus they do not bother applying. They consider they make a lot of money though even those families making about $100,000 annually can get help. It is not just 6 figure earners skipping the financial help application process. 2. Missing the deadlines - Even amid those applying for financial assistance, most are lax about the deadlines. In case you miss FAFSA deadlines, you won't qualify for college financial aid. There is no excuse for neglecting directions particularly when the talk is about thousands of dollars. Beyond the FAFSA form, every college you apply to set different deadlines as well as beaurocratic demands. You must be sure to exactly understand what you should do plus when you should do it by. You need to mark it in your calendar, set many alarms for yourself. No matter what you do, you shouldn't miss deadlines. 3. Not applying as soon as possible - As the FAFSA deadline and other student financial aid paperwork for your college is April 1, it does not mean that you should rest until March 30 and hand in your stuff. You need to get it done at once after January 1st. It means the preceding year tax returns should be filed early, but not on time. If you are dependent on the parents, you must be sure that they realize the seriousness of the situation plus get the returns done early. 4. Skipping over college scholarships - Actually, there is some free money for the taking thousands of private grant and scholarship programs. And you maybe fit the bill for many of them. It's extra work so you might even need to get some recommendations and write essays.

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