Figuring out the FAFSA, and federal student loans can seem complicated, however FAFSA and federal student loans are some of the best financing options for college (besides free money options).

The trick to FAFSA is simple, do it early, and do it, period! Not filing your FAFSA is a critical mistake in college financing, and could cost you BIG time in the long run. There are up to 3 forms that may have to be filled out to apply for financial aid:

1. The federal government’s Free Application for Federal Student Aid (FAFSA)
2. the College Board’s CSS/Financial Aid PROFILE form (especially for private colleges)
3. and for some colleges, their own individual financial aid form.

These forms can seem complicated but you are going to want to get started early, and utilize financial aid resources for help.

The college financial aid office is your friend. Many prospective students ignore the benefits of the financial aid office and admissions counseling, big mistake! Student Loan Counseling on the way in is a must to receive federal loans, and it provides valuable information about what to expect—and what is expected of you—as a borrower.

So, the 2 biggest tips we can give on FAFSA and federal student loans, is to start early and utilize ALL of the available resources for help. For more help on Federal student loans start here.

Tags: applying student loans college, FAFSA, federal student loans, student loans

Catagories: Federal Student Loans, For Parents, State Financial Aid, Student Loans

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