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Wealth-Based Pell Grant Could Reduce Student Debt and Racial Wealth Inequality

Diverse: Issues in Higher Education

The policy incorporates information already collected in the FAFSA form, which is used to distribute Pell Grants. Despite collecting information on family wealth, traditional Pell Grants are distributed based on income and less-so on non-liquid assets like real estate or investments. “We

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Overview of Federal Direct Student Loans

College Planners of America

Application Process The process of applying for Federal Direct Loans begins with the completion of the Free Application for Federal Student Aid (FAFSA) and submitting it to the ED. Students can start submitting FAFSA applications on October 1 of each year for the following academic year.

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The Ultimate Checklist for Completing The FAFSA

CFAA College Financial Aid Advisors

High school seniors who are ready to unlock financial aid and take the next step toward your education, it’s time to file your FAFSA. Completing the FAFSA (Free Application for Federal Student Aid) is one of the most important tasks you’ll need to tackle as you prepare for college.

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5 Big FAFSA Updates That Will Impact Your Financial Aid This Year

CFAA College Financial Aid Advisors

For students preparing to apply for financial aid, the Free Application for Federal Student Aid (FAFSA) is a crucial part of the process. With recent changes to the FAFSA process, it’s important to stay informed about whats going on. Previously, there were over 100 questions.

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A Look at What Happens After Submitting the FAFSA

CFAA College Financial Aid Advisors

Heres a breakdown of the next steps after you submit your FAFSA. Confirmation of Submission Once you submit your FAFSA, youll receive a confirmation that your application has been successfully submitted. This confirmation will include a Student Aid Report (SAR) , which summarizes the information you provided on your FAFSA.

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What You Need to Know Before Starting Your FAFSA Journey

CFAA College Financial Aid Advisors

Completing the FAFSA is one of the first steps that students and families must complete to start their journey to college. Through this application, schools determine how much funding a student is eligible for. This includes federal loans, grants, and work study programs. Aid is given on a first come, first serve basis!

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Student Loan Deadlines for 2022-2023: COVID-19 Relief, FAFSA and Others

Student Loan Hero

What are the COVID-19 student loan relief deadlines for federal debt repayments? When do you need to file your FAFSA for this year? You may have heard some student loan servicers are closing shop — when does that happen? Over next two years: Many federal student loan servicer contracts due to expire.