Being accepted to college is stressful enough, and figuring out a way to pay for it may be even tougher. You’ve gotten in, but just when you think you’re done filling out paperwork, more forms roll in – this time for financial aid.
The most important of the aid applications? The FAFSA (the Free Application for Federal Student Aid). If you’re looking for help paying for college, this is one form you’re definitely going to need to complete. It’s the main form that the federal government, states, and schools use to award grants, scholarships, work study, and student loans. And while it’s only one application, the 100+ question form can still get pretty confusing. What does “EFC” mean? What’s an SAR? And what’s the difference between subsidized and unsubsidized loans, again?
You don’t have to be an expert to successfully complete and submit the FAFSA, but having some insider advice can make filling it out each year a lot easier.