Wednesday, 27 September 2017

3 tricks to beat the crowds on financial aid

Early FAFSA filers can often score more aid. Here's how to prepare to file when the season opens Saturday.
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Straight talk from the money editor
I put two kids through college, so I know what I am talking about when it comes to filing the FAFSA. The Department of Education uses the FAFSA to determine a student's eligibility for federal student aid, including low-cost loans, grants and work-study. Additionally, organizers that grant free college funding use the FAFSA to decide if a student qualifies. Take Pell Grants, for example. You don't have to pay them back the way you do student loans. But they're first-come, first-served — so you need to apply as soon as you can after the FAFSA is released Oct. 1 for your best shot at qualifying.
Anyone who plans to attend college needs to make sure they submit the FAFSA. The bottom line: don't leave any money on the table. For more cool stuff like this, please follow me on Twitter  @jimpavia.

Jim Pavia
Money Editor
@jimpavia

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