Thursday, January 9, 2014

The time to file the FAFSA is now

2014 is here and for seniors this means that you should be completing your FAFSA in order to be considered for Financial Aid. If you want to pay full sticker price for college, you can stop reading right now. If you don't, you need to use this month to be VERY thoughtful about meeting each and every deadline associated with financial aid at your colleges. Remember when I recommended applying to 10 schools or less? A reason why is that it is difficult to keep 12 or 15 or 18 financial aid policies straight. It is your responsibility to research and understand the financial aid requirements at the colleges where you applied. Don't be left in the future regretting that you didn't know the CSS was due or thinking the FAFSA deadline was the 15th when it was really the 1st.

Remember - NEVER pay a company hundreds or thousands of dollars to complete the FAFSA for you. And the real authentic FAFSA website ends in .gov not .com or .net. You should not use the FAFSA links that are ads at the top of your google search. Your personal financial information is required for this form, only complete it on a secure platform. This should go without saying, but I also do not recommend working on this via your phone, the small screen is not suited for this task.

The link below is posted on the government's website about common FAFSA mistakes - check it out and happy filing! They also mention that the IRS data retrieval tool will go live in early February. As a reminder, this is NOT the year to file an extension, get those 2013 tax returns completed as soon as you have all of the documents you need!