How to apply for Financial Aid

By lhempen

How to apply for Financial Aid How to apply for Financial Aid

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If you have a child that will be entering college in the Fall of 2008 you should apply for financial aid as early as possible.

Instructions

Difficulty: Easy

Things You’ll Need:

  • Tax forms
  • Online access or paper FAFSA

Step1
Get together all of your tax forms, W2's, social security numbers and all financial information.
Step2
Apply at www.fafsa.ed.gov for a free application. I recommend printing the worksheet from the website this makes it easier to plug in the numbers online. You an sign electronically your free FAFSA form by getting a pin online at www.pin.ed.gov.
Step3
Complete the online application using the online steps provided; apply early! The earlier the better! If your son or daughter has been accepted already into a school then check that schools financial aid website for scholarships, student loans and other financial information.

Tips & Warnings

  • Applying for financial aid can be a time consuming task but taking 30 minutes to an hour may benefit your family in the long run.
  • If your son or daughter is planning on taking out student loans check your schools financial aid website for preferred lenders.
  • Check with the University Bursar office about payment deadlines even if your child is receiving financial aid some schools require 25% down prior to disbursement or classes will be automatically dropped.

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eHow Article: How to apply for Financial Aid

eHow Member: lhempen

lhempen

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Category: Education

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