Student aid: Beginning Thursday is the time to file
Beginning Thursday, families sending a student to college will be able to complete the free application for federal student aid, otherwise known as FAFSA, and experts say filing early is important.
Melissa Stapley is going back to college with the hope of becoming a dental hygienist, an opportunity she was able to afford with the help of financial aid. Do you just have to lock yourself away and get it done? Like many new and prospective college students, the free application for federal student aid, otherwise known as FAFSA, is even more important this year. There's $150 billion out there of federal aid, and this aid comes in loans, grants and even work study programs. But here's the thing you have to remember it's a first come, first served basis. Financial expert Meghan Gorman says it's important to fill out the FAFSA early as more families are expected to apply this year due to the economic fallout of the Cove in 19 crisis. The form is available starting Thursday, with options to apply online or through the APP people's income that is going to be reported for FAFSA purposes. Is there 2019 income tax return? But that doesn't mean you can't report to the federal government that you've had a change in economic circumstances. Families facing financial hardship can take extra steps to request a professional judgment REVIEW submitting information like layoff notices or unemployment checks. College financial aid offices then have the discretion to make adjustments so students can qualify for more aid. It seems like busywork, and it's not very fun, and it takes a while to see the results of it. But you'll eventually get their effort. That could be worth the hassle to cut the cost of college with McLaughlin NBC News yeah!