Most parents want their student to win scholarships. Even if you can afford to pay for college, free money is always welcome. But talk with parents and parent groups and you can hear the frustration:
My student isn’t motivated to search for scholarships.
My student has applied for so many scholarships and hasn’t won a dime.
Where do we search? Should we sign up on all the scholarship search engines?
But the number one questions parents ask is:
How can I help my student search and apply for scholarships?
Your student will need an organized system to help with the scholarship search and application process. You can help! Encourage your student to set up Google docs for scholarships with the name of the scholarship, requirements, due dates, and information needed for each.
As you find scholarships, you can add to the list that will be easily accessible to you and your student. This will also help you stay on top of deadlines so you can quickly text a reminder to your student.
Help with searching
You can help your student search for scholarships. While you are waiting in just about any line, you can use your smartphone to search. You can use Google or there are apps available to help you search.
Watch the news, look at community bulletin boards, talk to family and friends and search local organizations for scholarship opportunities. You can keep a notebook with you, or just open the Google doc and add the scholarships you find.
Help with proofreading
You can’t write their essays or fill out their applications, but you can proofread and double check the requirements before your student applies.
Help with reminders
Email or text your student when deadlines are approaching to remind them to submit the application on time. With so many things to do, it’s hard for students to stay on top of deadlines.
In high school, my son participated in the Navy Junior Reserve Officers Training Corps program and had high hopes of attending a military academy after graduation. However, due to less-than-stellar SAT scores and our family’s general lack of understanding about how the application process worked, he was denied admission to all of them. It was difficult dealing with disappointment.
If you’re the parent of a high school senior whose sights are set on a dream college, you don’t want to anticipate dealing with disappointment. But you also know that, given the competitive and subjective nature of college admissions, rejection is possible…even likely.
I have a colleague who won’t call it “rejection” — he has dubbed the two decisions students receive an “offer of admission” and “no offer of admission.” Language like this might ease the blow somewhat, but your teen will not be comforted. The disappointment will be enormous, and real.
How do you handle your own feelings?
First of all, be ready. Those disappointments are on their way and even if you vow not to take a rejection personally (after all, you’re not the one applying to college) it’s nearly impossible not to. This is your child; you are bound up in his sorrows and joys. And his application was stellar! “How can they reject my student?” you will wonder in outrage, speculating about who may have gotten in instead and taken “his” spot. Suddenly you realize that you, too, had pinned hopes on a future that included Parents’ Weekend on a certain idyllic campus.
When we acknowledge our own disappointment, we can make sure it stays where it belongs — in our own hearts. The last thing we want is to magnify our student’s pain. He feels badly enough already without feeling that he has disappointed his parents.
How do you support your student’s feelings?
Every student reacts differently. Some will shrug off the rejection letters, understanding that it is just part of the process, but others will view a rejection (or two or three) as the end of the world. At the moment that your student is absorbing this news, all the truisms in the world (“Everything happens for a reason,” “It’ll work out,” “You don’t want to go there if they don’t want you,” etc.) won’t help. Hold him, hug him, and let him know that you share his pain. He needs time to express his emotions and deal with the disappointment in his own way.
What do you do after you’ve both had time to grieve?
Once some time has passed and your student is able to be objective, embrace the life lessons. Point out that disappointments often turn into opportunities (it shouldn’t be too hard to dig up some examples from your own life!). Assure him that success in college is more about his attitude than the name on the T-shirt, and even though College “A” didn’t work out, there is a place for him — a terrific school where he is wanted and where he will thrive. On that note, move on to the colleges that mailed the fat envelopes. If there is more than one, he now has the fun task of making a choice. He’s back in the driver’s seat.
When my son was turned down by the military academies, he turned to Plan B and enlisted in the U.S. Marines. After four years of service and the passage of time, he saw himself in a new light. He applied to college, was accepted, and graduated with honors. Back when he was a high school senior, the rejections seemed momentous. Later, he recognized that they had been merely a bump in the road and an opportunity to re-evaluate his goals.
It’s hard. I know. I’ve been there. You want your student to have the BEST education available. You want them to want it as much as you do. You see them making some choices that you know they will regret. As hard as you try, you find yourself pressuring them to make the right choice and the battle lines are drawn. They dig their heels in. You dig your heels in. And the tug of war begins.
What’s a parent to do when you feel your college-bound teens are making the wrong choices related to college? Take a deep breath and read these examples (along with my suggestions). Parenting for college can and probably will be a struggle.
Your college-bound teen tells you he doesn’t want to go to the college that is hard to get into and is opting for what you consider to be sub par.
Don’t panic or overreact. It’s possible he is scared. Try and ascertain the reasoning behind the decision. Don’t do this by badgering him or constantly asking him why. The best way to figure out what is wrong is to LISTEN. Listen to him talk about his day, about college, about how he feels. If fear is not the reason, perhaps he feels the other college would be a better fit. If that’s the case, do yourself a favor and back off. The worst thing you can do with a teenager is force him into a decision he feels is wrong. Sometimes the best lessons we learn are the ones that come from making our own decisions (right or wrong).
Your college-bound teen tells you that he simply MUST go to Private College A, even though she knows it comes with a high price tag.
Don’t let her bully you into sending her to a college you can’t afford AND one that will require a tremendous amount of student loan debt. Sit her down and explain to her the dangers of graduating in debt. Use the college repayment calculators if you have to. If she truly wants to go to Private College A, she needs to do the work (good grades, good SAT/ACT scores, great essay) to be awarded scholarship/grant money from that college.
It’s also worth considering that a private college may be similar in cost to a public university. Since many private colleges have generous alumni that donate, they often award large merit scholarships. Public universities are not as generous with aid.
Your college-bound teen is not interested in college, deadlines, studying for the SAT or any other path that leads him toward higher education.
If there is one thing I learned with both of my kids (and clients), if they aren’t invested in the college process they won’t be invested in college. Save yourself some time, money and heartache and wait until they are. If not, they can learn from the college of hard knocks–minimum wage jobs are the BEST motivator!
It’s also important to note that not every student is meant for college. There are, indeed, other options. Many have taken those different paths and been perfectly successful and happy. It could be time to consider alternatives to college.
Your college-bound teen misses deadlines, panics and comes running to you at the last minute to fix it.
The simplest way I know to avoid missing deadlines, is to get yourself a huge wall calendar and a fat red marker. Put it in a place that they have to pass by every single day. In addition, with all the smartphones and calendar apps available today, missing a deadline should be a thing of the past. At some point (hopefully when they go to college), they will have to fix their own problems. Let them do it now, while they live at home, and it will be easier for them once they are gone. Rescuing your kids all time only makes them into dependent adults and colleges aren’t impressed with those type of students or the parents that come with them.
Your college-bound teen suddenly announces she is not ready for college and wants to take a year off.
First of all, wait. Don’t react. Just listen. Odds are the mood will change with the wind and once all her friends are making college plans, that desire that she once had will kick back in. If not, let her know that it won’t be a “free-ride” year.
With the pandemic, gap years are becoming prevalent. Your student can use the time to investigate career options, work at an internship, volunteer in the community, or simply work and save money toward college.
If you have any questions or personal experiences you would like to share, please leave a comment here and share it with other parents. We learn from each other and from our mistakes and successes!
The world we now live in is resoundingly different than the world we grew up in. Applying to college has become the norm and parents and students take it seriously. The competition to get into college can be overwhelming at times for both parents and students.
Parenting has changed
In the 50’s, our parents let us have the run of the neighborhood. We rode our bikes everywhere, walked home from school alone, and rode the bus to the movies alone. In the summer, we left the house early in the morning and returned home in time for dinner. Our teachers terrified us and we knew if we misbehaved, our parents would back them up. There were no car seats or safety belts. You would never find anti-bacterial soap or even consider using it. When we turned 18, we either went to college or got a full-time job and moved out of the house.
began to change. Because of Adam Walsh, we watched our kids like a hawk. We weren’t quite ready to take away their freedom, but we worried. We worried about where they were, who they were with, and what dangers they might encounter when they were at school, outside, and at the mall. Parents began to question a teacher’s authority and loosened the grip on the discipline of their children. Spanking became taboo and “time out” emerged as a parenting technique.
At the beginning of the 21st century helicopter parenting emerged. It’s not like we planned for it to happen. It just did. We sheltered our children from any disappointment. Everyone on the team got a trophy. There were no winners or losers. We questioned all school authority. We would never consider letting them walk home alone or play outside without supervision. If they forgot their lunch, we took it to them. If they left their homework at home, we took it to school. We began to make every decision for them and protect them from every consequence. We began to feel the “parent peer pressure” for our children to be the best and the greatest. If they graduated from college and couldn’t find a job, they came home to live and thus the term “boomerang” generation was born.
How do you walk the tightrope of helicopter parenting?
How do we raise our children in this frightening world without overprotecting them from the disappointments and trials of life? What are the long-term risks of helicopter parenting?
Combine a little of the 50’s parenting, some of the 80’s style of parenting, and a very small amount of the 21st century parenting for the perfect parenting balance. There’s a fine line between cautious parenting and being a helicopter mom.
Ask yourself this question–Do you want your children to be independent successful adults or do you want them living in your basement for years and years depending on you to pay their bills and take care of them? Is it conceivable they will be going off to college and surviving alone, or calling you every day crying for help, or needing assistance with every life task? Will they be running home because they simply can’t survive without you?
My guess–your answers to every one of these questions would be a resounding NO!
For many parents, this will be the first year you will complete the FAFSA. Since you have never completed it before, you won’t notice the changes. However, it’s important to note the functionality of the form and the functions of the mobile app.
The Department of Education (ED) released a document this month summarizing the changes to the 2021-22 FAFSA. The most notable changes are the increase of the income threshold for the automatic-zero expected family contribution (EFC) and questions asked about the Schedule 1 tax form.
The 2021–22 FAFSA changes include the following:
The income threshold for an automatic zero Expected Family Contribution (EFC) increased from $26,000 to $27,000 for the 2021–22 award year.
When students and parents use the IRS Data Retrieval Tool (DRT), the IRS DRT will now transfer information about whether they filed a Schedule 1. The answer will be based on all current exceptions for filing a Schedule 1. The transferred data for the Schedule 1 fields will be masked.
For students and parents who don’t use the IRS DRT, the Schedule 1 help topics will be updated to include all current exceptions for filing a Schedule 1. “Capital Gains” has been removed as an exception and “Virtual Currency” has been added as an exception.
Many FAFSA help topics referencing financial forms now feature images of those forms with relevant line numbers highlighted.
In early June, ED published the federal need analysis methodology for the 2021-22 award year in the Federal Register. Per Section 479(c) of the Higher Education Act (HEA), ED is required to annually adjust the income level necessary to qualify an applicant for the zero expected family contribution. This adjustment is made according to increases in the Consumer Price Index (CPI).
New functionalities in the MyStudentAid mobile app will include:
Dashboard – Access various types of popular tasks and a personalized page to help you determine what actions to take.
Settings – Edit/manage your account, using your username and password (FSA ID).
Aid Summary – View your federal student loan and grant history.
Notification Center – View and manage notifications regarding your student aid; household member and enrolled in college calculation assistance.
The paper FAFSA PDF will become available in October, and the color rotation for the paper form is green for 2021-22. FAFSA worksheets in English and Spanish will also be available.
When completing the FAFSA, even though it’s available October 1, it’s generally good to wait a week or two before filing because there will most certainly be kinks in the system–it happens. Don’t wait too long, however. With financial aid, the sooner you apply the better chances you have of snagging some of that free money!
Don’t forget to read the other articles related to FAFSA Week:
If you break it down, the 2021-22 FAFSA isn’t that complicated. Because it’s a federal form (like income taxes), many parents and students are hesitant to tackle it. If you take it step-by-step, it’s much easier. Here’s a synopsis of the requirements and the sections of the 2021-22 FAFSA.
Information you will need to complete the FAFSA
Use this list to gather all the information necessary before you begin:
Your FSA ID, which you can create on fsaid.ed.gov. Note that students and parents will need to create their own FSA ID and keep it private.
Your social security number and driver’s license, and/or alien registration number if you are not a U.S. citizen.
Your federal income tax returns, W-2s, and other records of money earned.
Your parents income tax returns, W-2 forms and 1040 forms if you’re a dependent.
Bank statements and records of investments (if applicable).
At each online step, a “help and hints” box pops up at the side, in case you need guidance. Here’s a short synopsis of each section from CollegeXpress.
Student eligibility
This is pretty basic: the name of your high school, what year in college you’ll be entering, and your parents’ level of education. This is also your chance to opt into federal work-study. Consider saying yes if you aren’t sure; you can always decline later if you change your mind.
You will also be asked if you have registered with Selective Service (the military draft). Nearly all men age 18–26, including undocumented immigrants and people with disabilities, are required by law to register—and if you aren’t registered, you will be denied federal financial aid. You can register via the FAFSA form by checking a box.
School selection
Here’s where you enter the names of the colleges you plan to apply to. You can add as many as 10, but don’t worry if you haven’t finalized your list. If you want to add another or make changes, you can do it later.
For each school you include, you will be asked if you plan to live on campus, off campus, or with your parents (because you won’t need funds for room and board if you will live at home). For state aid, some states require that colleges are listed in a specific order; check the federal aid website to see if your own state is fussy about this.
Dependency determination
Colleges want to know if your parents support you or if you are an independent adult. The vast majority of high school students are considered dependent for college financial aid/FAFSA purposes. However, you’re generally considered an independent student if you are:
24 years old by December 31 of the award year
A graduate or professional student during the award year
Married (or separated)
A parent or have other dependents who currently receive more than half their support from you
An orphan or a ward of the court
A veteran of the US Armed Forces
Otherwise, you are most likely a dependent student.
If your family situation is complex (for example, you are a minor but don’t live with your parents or don’t have access to their financial information), you can find some guidance on the federal student aid website.
Parent demographics
You fill this FAFSA section out if you are a dependent. Aid decisions will consider your parents’ age (because older parents may need to conserve more for retirement), how many children they support, and, most important, if they will have additional children in college that year. Each of these elements affects the calculation for your Expected Family Contribution (EFC), so answer the questions carefully. For example:
Older parents are expected to contribute less since they are closer to retirement.
Parental contribution is divided by the number of students in college.
If the parents are divorced or separated, include only the financial data of the parent with whom the student lives for the greater part of the 12 months preceding the date of the application. If that parent has remarried, the student must include that stepparent’s income and asset data as well. Note: some colleges request information on the “other” natural parent and may expect a contribution from that parent as well.
Financial information
You will need to fill in your parents’ adjusted gross income from the 1040 form, or whichever form they file. (Or your income, if you are independent.)
The IRS Data Retrieval Tool really shines with this part of the FAFSA, because it transfers your tax information directly to the form, saving time and eliminating the chance of a mistake.
You’ll also be asked about assets—both your parents’ and yours. That’s right: the money you’ve saved from summer jobs, birthdays, or bat mitzvah gifts—all of it is fair game. And your colleges will expect you to contribute a percentage of your savings to your college tuition.
Of course, your parents will need to report their savings and investments too, including money market accounts, mutual funds, 529 college savings accounts (yours and any siblings’), and investment real estate (not your family’s primary home).
Qualified retirement accounts—IRAs, 401(k), 403(b), or pension plans—aren’t counted as assets. As always, you can find guidance in the pop-up help boxes at the right side of the page.
Sign and submit
After you’ve finished the FAFSA’s financial section, you add your electronic signature with your FSA ID and hit submit. That’s it.
For a visual step-by-step guide to completing the FAFSA, follow this link:
This week is FAFSA week. An entire week devoted to the FAFSA. Today, I am debunking some FAFSA myths.
As the week progresses, I’m going to scour the my blog, the web, and social media to find you the best information, tips and advice related to the FAFSA. If you’re not sure it’s worth your time, this advice should answer that question. If you want to be informed before you complete the form, this information will most definitely help.
Myth 1: If you can’t qualify for federal aid, there’s no point in filing out the FAFSA.
Reality: There’s more to the FAFSA than federal aid. Colleges use this form to disburse merit aid and grants. Also, if your student is considering a student loan or you are considering a Parent PLUS loan, you must complete the FAFSA. In addition, many states use your FAFSA data to determine your eligibility for their aid and many scholarships ask if you have completed the FAFSA.
Myth 2: I make too much money to qualify for financial aid.
Reality: There is no income cut-off to qualify for federal student aid. Many factors—such as the size of your family and your year in school—are taken into account. Your eligibility for financial aid is based on a number of factors and not just your income.
Myth 3: I have too many assets to qualify for aid.
Reality: Most colleges won’t care if you own a house and won’t count home equity against you if you do. The majority of schools rely on the federal aid application, FAFSA, which doesn’t ask parents if they own a home. If the college requires the CSS Profile, home equity is required, but because of the equity cap, has little impact on the award decision. In addition, money in qualified retirement plans, such as a 401(k), 403(b), IRA, pension, SEP, SIMPLE, Keogh and certain annuities, is not reported as an asset on the FAFSA.
Myth 4: I didn’t qualify for financial aid last year, so filling out the FAFSA form again is just a waste of time.
Reality: It’s super important to fill out a FAFSA form every year you’re in college. Why? Because things can change. For instance, your school or state might create a new grant or scholarship, or the factors used to calculate your aid could change from one year to the next. Either way, if you don’t submit a new FAFSA form, you’re out of luck.
Myth 5: The form is too complicated and since I’m sure I won’t qualify, it’s a waste of my time.
Reality: The FAFSA is actually pretty straightforward and can be completed in one sitting; and filing out the FAFSA is never a waste of your time. Colleges and states use this information when awarding grants and scholarships. (See Myth 1)
The bottom line: there is no excuse to not complete the FAFSA. It’s free and is well worth your time. Even if you can afford to pay for the entire cost of college, you should complete the FAFSA. Colleges use this data when dispersing merit aid as well.
At a time when home-based learning is becoming increasingly common thanks to the ongoing COVID-19 pandemic, it is wise to think about other ways of learning at home. Traditionally, we think of homeschooling as textbooks and pens and paper, but it can be so much more than that.
Some parents opt for unschooling, which allows children to follow their own interests and talents at their own speed. Other parents look at things like forest schools or online schools. There are so many ways to do it these days – there really is an option for everyone.
Here, we look at how you can use everyday life to teach your children at home while making it fun for everyone.
Some homeschoolers love to use the theatre as their inspiration and creative starting point for a homeschooling topic, and that is because it encompasses so many things – drama, art, music, language, history – the possibilities are endless.
Use the arts
Some theatres even use curriculum tools that go right along with the shows they have. Theatre as a means of teaching helps to engage in learning in so many dimensions. Music opens up a high degree of brain creativity. When coupled with the visual elements of the set and the storytelling that is made to come to life by the performers, the elements of the production are distinct from any other method of teaching.
You can also use pieces of music, inspirational pieces of art or even your favorite movie as a starting point. Sit down with your children, and make a mindmap with all the things that they could do connected to that particular piece of art. Pinterest is a great resource for this.
Go outdoors
Forest schools have exploded in popularity in recent years and that is because more educators and parents are discovering the benefits that learning outdoors has on children. At it’s most basic, you can pick up your work and take it to a spot in the garden or the beach, but why not try actually using the natural environment as inspiration? Geocaching can teach geography skills, photography can be mathematical, building dens can be maths and engineering, looking for animal tracks can be science.
Let them lead the way
This takes us back to the point we made further up about unschooling, but it is one of the best ways to really engage children and give them ownership over their learning. If they show a particular interest in something – space, dinosaurs, cars, even toys, roll with it. Look at how you can incorporate that into learning and what they can get from it. Sure, they might bit be learning how to do deep algebraic formulations, but if they have their heart set on becoming a museum curator, they might not need it.
Many parents opt to homeschool because their children are under too much pressure at school. However you decide to educate your child at home, stay relaxed – otherwise you could end up defeating the object!
Financial aid can be a confusing part of the college application process. Even if you can afford to pay for college, it’s a good idea to learn what aid is available and apply for it. You aren’t obligated to accept it, but most students qualify for some form of aid and, if it’s available, why not use it?
What is financial aid?
Financial aid is intended to make up the difference between what your family can afford to pay and what college actually costs. With college tuition rising rapidly, more than half of the students currently enrolled in college receive some sort of financial aid to help pay for college. The system is based on the premise that anyone should be able to attend college, regardless of financial circumstances. However, students and their families are expected to contribute to the extent that they are able.
There are two types of aid: need-based, and non need-based. Need-based aid includes grants and scholarships that are issued based on the family’s ability to contribute to education costs. Non-need-based aid is allocated solely based on availability, not need.
There are three main types of financial aid: grants and scholarships, loans and work study.
What is “free” money?
Not all aid is equal and the best aid is the aid you don’t have to pay back. It’s like getting a huge coupon of savings to use for your college education.
What types of education loans are available?
Not all college loans are equal.
There are two types of government-based loans: subsidized and unsubsidized. Subsidized loans have lower interest rates and are awarded based on the student’s financial need with interest deferred until after graduation. Unsubsidized loans are awarded without regard to financial need with interest payments beginning immediately and regular payments due after graduation.
What is work study?
The Federal Work-Study Program provides a method for college students to earn funds to be used toward their education. The program is based on financial need and students must be accepted into the program to qualify which is determined by completing the Free Application for Federal Student Aid or FAFSA.
What is the FAFSA and do I need to file it?
The FAFSA is the Free Application for Federal Student Aid and you should apply if you want any chance to receive federal and state student grants, work study, loans or merit-based aid. If you don’t complete the FAFSA, you can’t apply for student loans. Colleges also use these figures when determining financial aid eligibility for grants and scholarships. Plus, many states use your FAFSA data to determine your eligibility for their aid.
The FAFSA is available on Oct. 1 of every year and you should complete it as close to that date as possible in the fall of your senior year. Aid is dispersed on a first-come, first-served basis. The sooner you apply, the more likely you will receive a portion of the financial aid pie.
What is the EFC?
The Expected Family Contribution (EFC) is how much money your family is expected to contribute to your college education for one year. Typically, the lower your EFC, the more financial aid you will receive. Factors such as family size, number of family members in college, family savings, and current earnings (information you provide on the FAFSA) are used to calculate this figure. Once your FAFSA is processed, you will receive a Student Aid Report (SAR) with your official EFC figure.
You can calculate your EFC by visiting FinAid.org.
What is an award letter and how do you use it?
As the offers of admission arrive from colleges, the financial aid award letters will follow. They can be confusing and vague. Added to the confusion is that every award letter is different, making it hard to easily compare them side by side.
Thankfully, there are tools available and information to help you look at these letters for what they are: the college’s pitch for you to accept their offer of admission. You are in control of this process and you hold the cards. It’s your decision to accept or reject their offer based on the amount of aid they are willing to give you. Money, in this situation, is everything.
If a college wants you to attend, they will back it up with money. No money means their offer is probably based on filling a quota and expecting you will decline to attend. And you should. Who wants to attend a college that doesn’t value you as a student?
The FAFSA for the 2021 school year will be available on October 1. The earlier you file, the better your chances of getting some of the money colleges allocate for financial aid. In order to help parents understand the FAFSA and answer some of your questions, this week is FAFSA week.
Surprisingly, many families don’t even take the time to complete the FAFSA. The most common reason is they believe they won’t qualify for financial aid; but nothing could be further from the truth. Most students receive some form of financial aid. If you don’t file, you could be missing out on some of that aid.
Here are 10 reasons to file the FAFSA:
1. College is expensive
Even if you can afford to pay for your child’s education, it’s expensive. Why would you pass up an opportunity to help with some of the cost?
2. It’s FREE
That’s right. It’s completely free to complete the FAFSA. You’ll spend some of your time completing the FAFSA and you could get thousands of dollars of financial aid in return. So one could say, it’s BEYOND free–they pay you!
3. Getting help is easy
If you get stumped, help is available. You can use the online help tool, submit a question on social media, or call the help number. You can even access the Help Center where you will find answers to their most-asked questions. Many schools even host a FAFSA day where they offer help to parents and students on how to complete the free form.
4. FREE money could be waiting for you
According to a recent Reuters article, about 1.8 million lower income undergraduates who might have qualified for aid neglected to file the FAFSA and missed out on financial aid. No matter what your income level, you should file the FAFSA because there is more money out there to be awarded than just need-based aid.
5. Federal aid
The federal government provides over $80 billion dollars in grants, loans and work-study programs every year. The only way to get Pell grants, , Stafford loans, Parent PLUS loans and other federal aid is by submitting the FAFSA. Federal loans offer the best interest rates and repayment terms for student borrowers and are superior to private student loans.
6. State aid
FAFSA is the gatekeeper for state financial aid programs. Each state’s programs are different but they all require the FAFSA to distribute the funds. Check with your state’s higher education agency for deadlines and requirements. In some states the financial eligibility ceilings are much higher.
7. Institutional aid
Colleges and private scholarship sponsors offer billions of dollars in financial aid. Even if you don’t have financial need, you may be eligible for these awards. Some school and private scholarship programs are specifically designed for students who were rejected by federal financial aid. Some schools will not award merit aid unless you complete the FAFSA.
8. Scholarship applications ask if you’ve applied
In addition to the aid that a student may receive from federal and state agencies, many scholarship applications include a box to check asking whether the student has submitted a FAFSA. According to Monica Matthews of How to Win College Scholarships, “Scholarship providers want to know that the student is doing everything possible to get financial help in paying for college and submitting the FAFSA is a very important step in the process.”
9. You have two or more children in college
With two in college, your expected family contribution (what the parents can afford to pay) drops by 50%. Even if you didn’t get financial aid with the first, file the FAFSA because having a second child in college can net you some financial aid.
10. You want to claim a “piece of the pie”
Look at it this way: FAFSA is the ONLY way to be considered for federal, state and college financial aid. Even if you don’t NEED the aid you still want to get it. Who doesn’t want FREE money?
