The 2024-2025 FAFSA (Free Application for Federal Student Aid) is now open! As many states are beginning to require students to fill out the FAFSA before they graduate, it is important to be familiar with the process. This is your chance to secure grants, scholarships, work-study, and federal loans. Click here to learn more: https://lnkd.in/eKp9_UKX.
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📚👩🎓Navigating the financial side of college can be complex, especially with the recent overhaul of the FAFSA form. The FAFSA, or Free Application for Federal Student Aid, is a crucial tool used to determine a student's eligibility for federal financial aid, including grants, loans, scholarships, and work-study program funds. The form was revamped at the end of 2023 to be more streamlined. It now features fewer than 50 questions and is offered in 11 languages. However, there have been some hiccups. Access to the form was delayed, and many families have reported technical glitches. The result? Applications are down nearly 60% from previous years. https://lnkd.in/g5qd8Wpy
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From Our Friends at the NYSPTA This is FAFSA information that was sent to all NYSPTA Members. Have fun reading :-) What is the FAFSA? The Free Application for Federal Student Aid (FAFSA) is a form to apply for federal financial aid, including grants, work-study, and loans. The FAFSA is also used by states, colleges, and many private scholarship programs to determine eligibility for aid such as scholarships. It is free to complete and does not obligate the student or parent/guardian to anything. Why FAFSA matters FAFSA is the first step in the financial aid process to unlock many types of aid, such as the Pell Grant, federal loans, and federal work-study. Even students who don’t think they’ll qualify for aid should complete the FAFSA – you never know! The FAFSA is also used by states and colleges to determine other types of financial aid you may qualify for. Watch this video from Chancellor King regarding FAFSA! https://buff.ly/4d2q8UF
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🎓 Understanding financial aid and scholarships is crucial for managing college expenses effectively. Here's what educators and student counselors can do to help their students with college applications: 1️⃣ Guide them through the financial aid process, starting with the completion of the FAFSA form. 2️⃣ Explain the different types of financial aid, such as grants, scholarships, loans, and work-study programs. 3️⃣ Help them compare financial aid offers from different colleges to find the best support for their situation. 4️⃣ Emphasize the importance of scholarships and grants in reducing the need for loans, lessening future financial burdens. 5️⃣ Inform them about application fee waivers available for qualifying students, and the opportunities for merit-based aid. By providing students with the knowledge and support they need, we can make college education more accessible and ensure their financial success. 💪🎓 https://buff.ly/3Radc5U #CollegeApplications #FinancialAid #Scholarships #EducationSuccess #SupportiveGuidance
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With today's college tuition prices, most students will have to borrow some money to fund the pursuit of a degree. Ideally, you’ll secure free aid first in the forms of federal or state grants, scholarships, or work-study programs, but if you have to fill in the gap afterward, know your options and what educational loans best fit your need. Visit https://lnkd.in/eh5Z92dX for an overview of the common loan types and how to apply. #FinancialLiteracyMonth #PayingForCollege
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📚👩🎓Navigating the financial side of college can be complex, especially with the recent overhaul of the FAFSA form. The FAFSA, or Free Application for Federal Student Aid, is a crucial tool used to determine a student's eligibility for federal financial aid, including grants, loans, scholarships, and work-study program funds. The form was revamped at the end of 2023 to be more streamlined. It now features fewer than 50 questions and is offered in 11 languages. However, there have been some hiccups. Access to the form was delayed, and many families have reported technical glitches. The result? Applications are down nearly 60% from previous years. https://lnkd.in/gf3kCqu8
Financial aid for college in chaos amid new FAFSA
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📚👩🎓Navigating the financial side of college can be complex, especially with the recent overhaul of the FAFSA form. The FAFSA, or Free Application for Federal Student Aid, is a crucial tool used to determine a student's eligibility for federal financial aid, including grants, loans, scholarships, and work-study program funds. The form was revamped at the end of 2023 to be more streamlined. It now features fewer than 50 questions and is offered in 11 languages. However, there have been some hiccups. Access to the form was delayed, and many families have reported technical glitches. The result? Applications are down nearly 60% from previous years. https://lnkd.in/gf3kCqu8
Financial aid for college in chaos amid new FAFSA
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"I know that scholarships are out there, but how do I get them?" The answer to this question has several parts: how do you apply, what are you applying for, where does the money come from, and how do you get the money? First, taking a step back, there are three primary types of scholarships: 🎓 Need-based financial aid 🎓 Institutional merit scholarships 🎓 Outside scholarships This post is about need-based financial aid. Here’s the TL/DR version: 💵 The FAFSA and CSS Profile are the applications for need-based financial aid from the federal government, states and the colleges themselves. ❌ Filing the FAFSA and CSS Profile do not guarantee that you will get need-based aid at your first-choice college, other than federal funds you qualify for. 💰 Colleges themselves allocate and distribute financial aid to students, and they don't usually do that before they review the student's application. 💸 Loans may be included in your package, and you might not realize that because the money won't come directly to you. Link in comments to the longer version.
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📚👩🎓 Navigating the financial side of college can be complex, especially with the recent overhaul of the FAFSA form. The FAFSA, or Free Application for Federal Student Aid, is a crucial tool used to determine a student's eligibility for federal financial aid, including grants, loans, scholarships, and work-study program funds. The form was revamped at the end of 2023 to be more streamlined. It now features fewer than 50 questions and is offered in 11 languages. However, there have been some hiccups. Access to the form was delayed, and many families have reported technical glitches. The result? Applications are down nearly 60% from previous years. Despite these issues, the Department of Education encourages all students considering college to submit a FAFSA form. You can also use online tools like the College Scorecard and the Federal Student Aid Estimator to help plan for future costs. 💻🧮 Remember, the deadline to submit a FAFSA form for the 2024-2025 school year is 11:59 p.m. CT on June 30, 2025. ⏰🗓️ Remember, education is an investment, and understanding the financial process is crucial to the journey. Stay informed and stay proactive in your planning! #FAFSAChanges #CollegeFinance #FinancialAid https://lnkd.in/ehyzBUgf
Financial aid for college in chaos amid new FAFSA
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📢 Attention, Attention! This message is for all high school seniors, college students, and parents planning for the 2025 - 2026 academic year. Did you know that the FAFSA for the 2025 - 2026 academic year opens on October 1, 2024? That’s about three months away! The Free Application for Federal Student Aid (FAFSA) is your gateway to over $120 billion in grants, loans, and work-study funds each year. Completing the FAFSA is the first step to receiving financial aid for college or vocational school. Many states and schools use FAFSA information to award their own aid, so fill it out even if you think you might not qualify! To qualify for federal, state, or institutional aid, you'll need to submit the FAFSA. It opens on October 1 every year and stays open until June 30. Learn more: https://bit.ly/46Jht6R #2024BetterFAFSA
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Navigating the financial side of college can be complex, especially with the recent overhaul of the FAFSA form. The FAFSA, or Free Application for Federal Student Aid, is a crucial tool used to determine a student's eligibility for federal financial aid, including grants, loans, scholarships, and work-study program funds. The form was revamped at the end of 2023 to be more streamlined. It now features fewer than 50 questions and is offered in 11 languages. However, there have been some hiccups. Access to the form was delayed, and many families have reported technical glitches. The result? Applications are down nearly 60% from previous years. Despite these issues, the Department of Education encourages all students considering college to submit a FAFSA form. You can also use online tools like the College Scorecard and the Federal Student Aid Estimator to help plan for future costs. Remember, the deadline to submit a FAFSA form for the 2024-2025 school year is 11:59 p.m. CT on June 30, 2025. Remember, education is an investment, and understanding the financial process is crucial to the journey. Stay informed and stay proactive in your planning! Learn More: rb.gy/q3ent5 #FAFSAChanges #CollegeFinance #FinancialAid
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