Second semester may feel like it has just begun, but the end is soon to come! If you’re a high school senior you know this all too well. With little time left in the race towards the cap and gown, it is important to make sure you are well prepared for what comes after; College. If you haven’t already been working on your FAFSA then now is the time to start. Below are a few tips and information on the new 2017-18 FAFSA year.
1. The very first day you are eligible to turn in your FAFSA for 2017-18 is October 1, 2016. (This date has already passed but the new early turn in date is the same for 2017 for the next school term of 2018-19.)
2. Because of the earlier deadline, you and your parents will be required to turn in older tax and income information. For example, if you are submitting a FAFSA for the 2017-18 school year, you will be required to submit your tax information from 2015. The bright side is you and your parents will have already had your taxes completed!
3. The deadline for public colleges is March 15, 2017. (For private colleges check with your financial aid administrator as dates vary.)
4. The sooner you submit it the better. It is a first come first serve basis when it comes to grants for which you are eligible. Always accept grants first, as those are money given to you that you do not usually have to pay back. Always read the fine print that describes the requirements for your grant. If you do not fulfill said requirements then you may have to pay the grant back.
5. Your FAFSA information will be sent to the accounting office of your university and the university will send you an email or contact you to inform you of your FAFSA return.
6. Make sure to use the right website for filling out your FAFSA. There are tons of false websites floating on the web to trick people and get their information. Sometimes you are even required to pay on these websites. The real FAFSA website, provided below, does not require you to pay.
Here at CCFCU we’re all about free money especially when it comes to college. For the best FAFSA tips and information on the 2017-2018 school year, check out their website at https://fafsa.ed.gov/.