First: Use the FAFSA4Caster to see where you stand regarding financial aid eligibility.
Then, as daunting as the process sounds, it is worth the effort to complete the FAFSA even if you don’t think you will qualify for aid for three reasons.
1. Some schools require that the FAFSA (and CSS Profile) be filed in order for the student to be considered for MERIT Aid. —It is worth a call to the Financial Aid office of the college/university to find out if the FAFSA/CSS Profile is required for students to be considered for Merit Aid AND the school’s deadline.
3. In the unfortunate event that your financial position changes over the next 12 months, the FAFSA would already be on file and you would not have to wait until January of next year to file the new FAFSA.
FAFSA: Who Should Apply for Financial Aid? by Fred Amrein of College Affordability
For more Resources relating to Financing College, visit the Software/Resources page of my website.
Sandy Aprahamian, Principal, EDNavigators LLC