Many people when applying to college, know the first step in financail aid is filling out the FAFSA form. This document is used to apply for federal financial aid, student loans, grants and work study. It is important to fill out this form regardless of whether you think you quality for financial aid or not. All schools are different and some may even use this form to give non-federal aid to an individual. A person should also fill this form out as soon as possible in order to make sure they do not miss the deadline. Some grants are awarded first come first serve, therefore, turning the FAFSA in by January 1st is a great advantage.
Another important aspect to keep in mind while filling out the FAFSA form is your family. For instance, if you have siblings also in college, this is discounted because of the high expenses coming from a single family. Also include if your parents are divorced or separated. The one you have been living with the most over the past year is the one with the income information on the FAFSA. If they are remarried, their spouse's income should also be included.
Last but not least, make sure to fill out every section of the form throughorly. The FAFSA must be completed fully. Also, don't forget to reapply if you want that money to keep flowing in for your education!
Sources:
Tips on Filling Out the FAFSA
FAFSA Tips
Tips for FAFSA
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