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Understanding Financial Aid Basics

The concept of financial aid is relatively straightforward, but the process for getting financial aid is inherently complex. You can, learn the key points every parent should know, and use this knowledge to help your child get the most college funding possible.

Types of financial aid

Of course you’ll want to help your child find the most free money (scholarships and grants), but the reality is that most financial aid packages include a mix of scholarships, grants, work-study, and student loans.

The financial aid cycle

It starts with the Free Application for Federal Student Aid and repeats each year your child is in school.

Filing the FAFSA

Get tips and tricks to help your child file the FAFSA right and on time to increase your chances of getting the most financial aid possible.

For more information about NextStudent, visit www.NextStudent.com.

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