FAFSA Says…Come Get Your Money!

              2M Students Are Missing Out On College Aid.

                                   Don’t be one of them.

Get The Money_BlogPic

Millions of college students are missing out on financial aid for college because they aren’t even applying for it.

About 2 million students could have qualified for the need-based Federal Pell Grant during the 2011-12 academic year, but they failed to file the Free Application for Federal Student Aid (FAFSA) required to receive it, according to new analysis of government data from Mark Kantrowitz, senior vice president at Edvisors Network and author of “Filing the FAFSA.”

Of that group, 1.3 million would have qualified for a full Pell Grant of $5,645 for the 2013-14 academic year. ( I don’t know about you, but that seems like a lot of good education money to us.)

Nearly half of all of those who didn’t file the FAFSA say they thought they were ineligible, according to the analysis.

People often think they earn too much to qualify, but income is only one part of the equation. The eligibility for grants and the terms of federal loans are based on a variety of factors, including expected family contributions, income and assets, the number of children in the family who are in college and the cost of college.

So now is the time…do your research (students and parents) and submit your applications…and get YOUR money!

Please read the rest of the story here

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