In this FREE webinar, you’ll learn winning strategies, tips and insight towards starting your #FundingCollegeDebtFree journey with confidence. Whether you are a parent or a student, this webinar is for you. See you there!
In this FREE webinar, you’ll learn winning strategies, tips and insight towards starting your #FundingCollegeDebtFree journey with confidence. Whether you are a parent or a student, this webinar is for you. See you there!
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When thinking of organizations that offer funding for college, what types of organizations immediately come to mind?
Schools and charity organizations are the popular types of organizations that offer funding for college. If the government came to your mind, then you get a gold star for the day because you are exactly right as well!
The government is often associated with offering student loans; however, they also offer scholarships, grants, and other loan-free funding opportunities on a federal and state level. For example, there is the Federal Pell Grant, the state of Georgia’s HOPE Scholarship (to help students with tuition costs), and New York’s The Excelsior Scholarship which provides free tuition to eligible students. (To learn more about tuition-free schools and states that offer tuition-free programs, read my recent blog post.)
Similar to other funding opportunities, there are eligibility requirements and steps you have to take to apply. While different programs may have different eligibility criteria and application procedures, there is one form that many programs will require you to complete—the FAFSA form.
FAFSA form stands for the Free Application for Federal Student Aid. This is a FREE form that determines your eligibility for federal financial aid. While completing the form is not required to attend college, it is required if you want to receive federal grants (such as the Federal Pell Grant I mentioned earlier), participate in work study, etc.
I navigate students towards funding college debt-free through my step-by-step proven system.
If the FAFSA form is necessary to receive federal funding, do I need to complete it to receive other funding?
While every state (and school) may be different, many do ask you to complete the FAFSA form or will reference your FAFSA information to determine how much aid you will receive. For example, to apply for Georgia’s HOPE Scholarship, you have an option to complete the GSFAPP or the FAFSA form.
Speaking from experience, I also encourage you to complete the FAFSA form not only to make yourself eligible for any federal, state, and school aid, but also because some private scholarships, for example, will only consider students who completed the FAFSA form. Don’t leave any money on the table!
Keep in mind, there are deadlines for completing the FAFSA form (yes deadline is plural). There area federal, state and college deadlines that you need to know. Not every state has the same deadline, so it is important that you know your deadline ASAP. Thankfully, the FAFSA website makes it simple by providing you with your three deadlines upon entering your state and the school year.
Screenshot is from the Federal Student Aid website.
Needless to say, you don’t want to leave any money on the table.
I encourage you not to simply read this post and go back to scrolling on the internet. It’s time to take action! Here’s what you need to do:
I am hosting a FREE webinar where I talk about what it takes to fund college debt-free, scholarships, and more! This is a great intro with the basics and fundamentals towards funding college debt-free. Space is limited, so secure your spot here while it’s open. See you there!
Screenshot is from the Federal Student Aid website.
You’ve got this!
Until next time!
—Elease
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