Free Application for Federal Student Aid (FAFSA)

FAFSA online says:

"To qualify for the maximum amount of federal financial aid each year, including loans, students must complete and submit the Free Application for Federal Student Aid (FAFSA) to the U.S. Department of Education annually. Submitting this vital financial aid form determines your eligibility for federal financial aid as well as scholarships, grants, and other aid opportunities. While not required, it is strongly recommended that all college-bound students complete one."

FAFSA online offers a three page tutorial that will walk you through the FAFSA and provides insight and tips, including mistakes to avoid.

They also have a series of nine secrets that will help you understand financial aid where they explain such things as how your federal financial aid is inversely proportional to your adjusted gross income, the importance of no typos on your application, timing applications so scholarships do not counts against federal financial aid, testing FASFA, and other ways to get money for college such as scholarships and private student loans.

Something they say that I wholeheartedly agree with is:
Remember that if you don't know the answer to something on the FAFSA, do not leave it blank. Put a zero there insteaed. If you take nothing else away from this FAFSA secrets tutorial, remember that a blank space is your worst enemy and a zero is your best friend.

I have always been told by my parents to put "n/a" anywhere that there is nothing applicable to be entered - 0 (zero) for places where cash amounts are to be entered.

I'm not sure, however, about their advice to dump your money to up your loan amount, that sounds very unethical to me.

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Thank you, and enjoy.

Sandra
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