Plan For College

Wednesday, October 4, 2017

Financial Aid Schedule: Oct 1 Opens "FAFSA Season"!


Saturday Oct 1, 2017 marked the opening of the 2017 - 2018 "FAFSA Season"
For those unfamiliar with it, FAFSA stands for "Free Application for Federal Student Aid" and it’s a government form that give you access to $Millions of Federal money for college…Hundreds of $Millions have been awarded in the last few years alone!

You can find the deadline schedule for the federal applications here: https://www.fafsa.ed.gov/deadlines.htm  As far as each school's deadlines, check with your college directly.

Now that the opening date has passed, you should be working on in now…(Or have a College Advisor working on it!) NOTE: If you are late or wait too long, the money may be gone until next year!

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>> Here are some tips and links:

> Federal FAFSA Deadlines: You can file a FAFSA for the 2017-2018 school year NOW so do it quickly to maximize your chance of federal monies. The latest they will accept applications is (not recommended!) June 30, 2018 and any corrections or updates must be submitted by September 15, 2018. See https://fafsa.ed.gov/

> State Aid Deadlines: As far as MA students pls visit the website for the Office of Student Financial Assistance at the  Massachusetts Department of Education  www.osfa.mass.edu. This is the official website of the Massachusetts Department of Higher Ed. For RI, CT, see your local state websites.

> If you have large assets or cash accounts or liquid investments that you think would disqualify you, Do Not Assume you should list them…not all assets need to be listed! The FAFSA is not an department of the IRS so be careful in detailing your financial picture.

> Some help can be found here:
          https://studentaid.ed.gov/sa/ 
              https://studentaid.ed.gov/sa/types



As always, consider using a College Planner who has filled out hundreds of FAFSA forms (and is likely filling out dozens for students right now!) Make sure they know all the tricks for getting you the most Financial Aid…

Many "weekend experts" just fill it out assuming old rules and statutes without learning the new laws and requirements, and, as a result, do not maximize your Financial Aid.

Hope this helps!

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The College Planning Group
Canton MA     800-985-8569






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