FAFSA Advice for College-Bound Kids

Parents with college bound kids should not delay! The U.S. Department of Education’s Free Application for Federal Student Aid (FAFSA) helps families determine what and how much financial aid is available to them.

Did you know? The information on the FAFSA application is used by several states and colleges to determine eligibility for state and school aid. In addition, many private financial aid providers use the FAFSA information to determine qualification for their aid. By simply filling out this one application you might avoid submitting separate applications elsewhere.

It seems like a no-brainer. And the sooner you apply, the more likely your efforts will pay off.

According to Mark Kantrowitz, VP of Research for SavingforCollege.com, “Students who file the FAFSA during the first three months tend to get twice as much grants, on average, as compared with students who file the FAFSA later.”

For more advice about FAFSA please check out our white paper: FAFSA Advice for College-Bound Kids.

With offices in Rutland and Williston, Vermont Copper Leaf Financial develops a customized wealth management plan designed to integrate every aspect of your financial life – including planning for college. Call us today at 802.878.2731 to schedule a strategy session and begin building your road map to financial success.