- Start early. Don't wait until the last minute!
-
Organize: read everything carefully, organize the information, and
make note of important deadlines.
-
File the application(s) as early as possible (but not before the
filing period begins), since a lot of aid is awarded on a first-come,
first-served basis.
-
Always apply for aid: Even if you don't think you'll qualify, you
still should fill out the FAFSA.
-
If filing by paper, submitting documentation or verification
use black ink. Sign and return all forms.
-
Keep copies of everything.
-
If required, indicate whether the award is being accepted or declined
- A student doesn't have to accept the entire package
-
Some colleges may let the student exchange work-study for a loan,
or vice-versa.
-
The award may be changed if the student resources or expenses change.
Report any changes, both before and during the college year to the
college financial aid office.
-
Some aid is first-come, first-served. However, many colleges save
a portion of their funds for students who decide to enroll in a later
semester, or who transfer from another college. Three of the largest
federal programs (the Pell Grant, Stafford Loans, and PLUS Loans)
can be awarded at any time during the college year.
-
The student and parents should collect all of their income information
for the most recent tax year.
-
To continue receiving financial aid, the student must reapply each
year. Usually, if the student applied for federal student aid the
first year, they will receive a renewal FAFSA the second year
(and thereafter)
via email.
-
There is also a renewal version of FAFSA on the Web. The US Department
of Education will send the student a PIN the following year so the
renewal can be completed online.
-
On the renewal FAFSA, write in only information that has changed,
such as income or family size, and complete any areas left blank.
Look for bold arrows and questions that don't have answers. Be sure
to review the colleges listed on the Renewal FAFSA as well.
