Imagine passing up money that is free university. Cash without any strings attached. That might be crazy, right? Yet, every hundreds of thousands of students who are eligible for federal student aid never receive itвЂ”because they donвЂ™t even apply year. Relating to NerdWallet, almost 1.5 million senior high school seniors ignored to fill out of the complimentary Application for Federal scholar help, or FAFSA, in 2014. Of the pupils, half might have likely qualified for the Pell that is federal Grant low-income students.
For a lot of pupils, that unclaimed money may have made the difference between only a school that is high and a university training. Certain, filing the FAFSA are a little bit of a process that is intimidating. Some families decide it is maybe not well worth the effort; some grouped families think their earnings is just too high to qualify. DonвЂ™t make their error.
What’s the FAFSA exactly about?
The government honors around $125 billion in student aid every year in the shape of funds, loans, and work-study, plus some part of that cash could possibly be yours. The FAFSA additionally considers some other facets along side earnings.Read More 0