Filing the FAFSA
When it comes to college financing, speed counts. That’s because much of the financial aid available is limited, and is awarded to students on a first-come, first-served basis. And there’s only one way to secure your child’s place in line—file the Free Application for Federal Student Aid (FAFSA).
The FAFSA examines your family’s financial situation and determines your child’s eligibility for financial aid. In other words, your child must submit a FAFSA to be considered for grants, work-study and federal student loans, such as Federal Stafford and Federal PLUS.
The FAFSA cannot be submitted before January 1 for the upcoming academic year, but you’ll want to file the application as soon as possible after the first of the year. Wait any longer, and you could end up with a larger share of the college bill.
See our FAFSA Tips for suggestions on completing the FAFSA right—the first time.
Quick Links
» Federal Stafford Loans
» Federal PLUS Loans for parents
» FAFSA Tips
Before you get a PLUS Loan
» Before you get a PLUS Loan
» Understanding Financial Aid Basics
» Financial Aid Cycle
» Types of Financial Aid
For more information about NextStudent, visit www.NextStudent.com.
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