Debunking 3 common FAFSA myths
Myth 1. The FAFSA® costs money
The simple answer: NO! The application is 100% free. That’s what the first “F” stands for. The only way to apply is at the official site.
Myth 2. My family makes too much money to qualify for aid
You’ll never know unless you apply! There are all types of aid you could qualify for. The FAFSA® is the gateway to more than $150 billion in grants for college, work-study funds, and federal student loans, as well as certain state-based aid.
Myth 3. The FAFSA® is only for college freshmen
The information you provide on the FAFSA®, and the aid offered, is only valid for one school year. College students should apply every year—and so should graduate students!
Start a conversation with your friends
Now that you know all about the FAFSA®, spark a conversation about financial aid and normalize it among your peers. See what information your friends have and share these tips with them.
Most important of all, remember to submit your FAFSA® early! Financial aid is first-come, first-served, so it could pay off (literally) to get your application in quickly. The submission window opens on October 1.
Remind your friends to apply early, too. Even better, you can apply together.
I hope you can use these tips to ensure that you and your friends get all the financial help possible to make college (and maybe even grad school) happen. Don’t leave financial aid on the table!