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The Free Application for Federal Student Aid or FAFSA -as it is know in the college arena- is the single most important college financial aid form. It is used by virtually every college and university in the land that offers federal financial aid. Only a VERY, VERY few schools do not offer federal aid and so, do not use it.
The complete FAFSA form is 10 pages long. On it, you, the parent and/or student will be asked almost every personal and financial question that you can think of- except maybe your favorite color . And of course, as with most government forms, it is more complicated and confusing than the standard IRS 1040 form.
But, It Doesn’t Stop There…
Because the FAFSA is used in determining federal money, most- but not all- state schools only use the FAFSA when awarding grants and scholarships in their financial aid packages. However, private universities (and even some state schools) require one or more of these additional forms listed below when they award grants and scholarships from their own funds:
The Profile is a financial aid form provided by the College Board that private colleges and universities use to determine a student’s eligibility for grants and scholarships. You first must register and pay a fee before you can get the form. It costs $26.00 for the first school you choose to have the information sent to and $15.00 PER SCHOOL after the initial fee.
SUB NOTE: Because of limited space here, I can only briefly explain what kind of forms you should expect to file. Even with that said and even though it may be called a standardized form, the forms themselves change from school to school. A school that uses the Profile form, might have a cluster of questions to be answered where another school that uses the Profile form might have a completly different cluster.
Institutional forms in addition to, or in place of, the Profile may also be required in order to maximize the amount of grants and scholarships you get. This type of form is supplied by and authored by the colleges themselves. So, although the FAFSA and Profile forms are filed, processed and sent to the colleges you choose, each school who uses one will have it’s own institutional form. SO, Villanova University supplies their own institutional form and is different from say, Stanford University’s.
Check with each and every college that you apply to and make sure that you fill out all of the forms you school requires to get financial aid.
Next, you most likely need a state form if you have any thoughts of receiving your fair share of state grants and scholarships. Each state is different and has their own way of doing business. Be sure to check up on the state that you live in AND the state where you are applying to college to see what forms are needed, what the deadlines are and how to go about getting your fair share.
Confused yet?
Wait till you get the forms in front of you…
You’ll wish you had
root canal instead.
Now that we have briefly named the assortment of forms you might need to apply for college fiancial aid…let’s not forget you will also need your tax return in order to complete the excercise. And you’ll need them done as soon after January 1st as possible. So, not only are you filling out an army of forms, but you need to get them done ASAP AND- JUST LIKE YOURTAX RETURN- THEY NEED TO BE DONE RIGHT!
What I mean by done right is: NO MISTAKES- You need to get your FAFSA, Institutional, Profile and all of your state forms RIGHT the first time.
Why is this so important?… Because you have alot at stake here. Colleges and universities award grants and scholarships on a first-come, first-served basis and if your form gets bumped because you made a mistake or omitted something important, you are last in line for free money.
In my long awaited e-book, The Ultimate Guide To College Financial Aid, you get -in layman’s terms so you aren’t confused and bewildered by the questions- what each and every line is asking you for. It is as simple as you can get!
I will teach you everything you need to know when it comes to the getting the right forms and then, the application process. I’ll give you secrets that nobody wants to tell you unless they can make a profit from it. I make it as simple as possible for you.
You don’t have to pay the hundreds of dollars others pay to have a college financial aid consulting firm help you. You don’t have to be a do-it-yourselfer. This is a no-nonsense approach and understand one thing… You will be the best prepared, most informed consumer when it comes time for getting money for college-whether it be grants, scholarships, student loans or parental loans.
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Then on your follow-up consultation we will review your, “CFA”. You will hear a professional and no-nonsense approach that will tell you immediately that you have made a great choice. You will understand what you need to do address your situation to maximize your aid eligibility and we’ll indicate any areas where you can lower your college costs and EFC.
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Viewpoint Sample
See the Viewpoint on Education Free Consutation form that puts you in the driver seat for receiving grants and scholarships. No other website or program can do more for you. And it's FREE with your e-book purchase!
Affiliate Program
The College Financial Aid Affiliate Program allows you to help others save thousands on college costs and get paid for it. Visit our Affiliate Center for all of the details.
