Are you headed to college or are you
sending a child off to college in the near future? Many parents and students are very concerned
about paying for college. The cost of even state universities has become almost cost prohibitive.
Finding money to pay for college can be as easy as spending an hour in front of the
The federal government can help you! The process to
finding grants and loans all begins with a FAFSA form. That’s Federal Application For Student Aid. The FAFSA form is your first step in locating financial aid for college.
This form is completely free and will take
approximately one hour to fill out. You will need certain information available. You will need your federal tax
return from the year before you file the form ( of course if you are the student you will need your parents return
What Does the FAFSA Do For You?
The FAFSA is a form used to collect financial and
household information about the student and the students family. Using a specific formula the Department of
Education will determine what the students contribution should be to their tuition.
Once the students contribution is determined a
Federal Pell Grant amount will be determined in some cases the grant will cover one hundred percent of tuition. In
most cases, there will be a family contribution amount.
The FAFSA is also used by the university that you
apply to, to determine what loans and other financial aid you are eligible for. Many universities use the FAFSA
form to determine the way the universities private funds are delegated to needy students.
If you or your child is headed to college it is
strongly recommended that you get started as soon as possible. There are deadlines that have to be met that are put
in place by both the university and the Department of Education.
You can fill the form out online. There is a FAQ
section that can answer most questions about filling out the form.
Free Money for School
The Federal Grant program can help you get through
four years of college without going into debt. Far too many students take on a lot of debt while they are in
college and wind up spending many years trying to get out of it.
Taking advantage of every dime you can get really
adds up over time and can help make attending college a reality.
Have a Question About the National Pell Grant? Ask It