SlideShare a Scribd company logo
1 of 5
Download to read offline
Top 4 Reasons to
File the FAFSA Early
1. Maximize State-Based Financial Aid
Funding
Find out if your state offers Need-based
grants to students

•

Eligibility requirements may include:
– Student maintained residence in that
state for a minimum amount of time
– Student’s parent(s) normally maintain
residence in that same state
– Student demonstrates financial need on
FAFSA
– Student is attending a qualified institution
usually within their home state

Each state operates differently, and follows a
different deadline for the FAFSA filing date.
Research your state’s department of higher
education to confirm grant program details.
Make sure that you hit the deadline to maximize
eligibility.
2. Maximize School / Institutional Funding
Every school has 2 funding types:

Need-based & Merit-based
Schools award funding on a first-come
first-serve basis, and often wait until the
FAFSA information is available before they
award everything

The faster you
submit your
FAFSA, the better
chance you have
to maximize your
funding!
3. Eliminate Non-Options
It’s only January
so there is still time to consider multiple admissions
offers
You may find great variety in offers, and can eliminate
options that don’t make sense financially
After you consider your financial aid options, prioritize
your list of schools considering value versus out of
pocket expenses
4. Compare Offers and Appeal if Necessary
Let the schools compete for
you!
File the FAFSA early and schools will give it
their best shot to offer you the best package
If an appeal due to unemployment is
necessary, getting the FAFSA in early is the
first step
Appeals for financial aid due to
unemployment follow set procedure.
Expect a complete review of proper
documentation requiring timely delivery of
important documents

More Related Content

More from LendKey

Student Loan Counseling
Student Loan Counseling Student Loan Counseling
Student Loan Counseling LendKey
 
LendKey Connections!
LendKey Connections!LendKey Connections!
LendKey Connections!LendKey
 
2014 - 2015 FAFSA Review
2014 - 2015 FAFSA Review 2014 - 2015 FAFSA Review
2014 - 2015 FAFSA Review LendKey
 
New America Parent Plus Loan Panel
New America Parent Plus Loan PanelNew America Parent Plus Loan Panel
New America Parent Plus Loan PanelLendKey
 
Financial Literacy for College Planning: Best Practices for Financial Success!
Financial Literacy for College Planning: Best Practices for Financial Success!Financial Literacy for College Planning: Best Practices for Financial Success!
Financial Literacy for College Planning: Best Practices for Financial Success!LendKey
 

More from LendKey (6)

Student Loan Counseling
Student Loan Counseling Student Loan Counseling
Student Loan Counseling
 
LendKey Connections!
LendKey Connections!LendKey Connections!
LendKey Connections!
 
LendKey
LendKeyLendKey
LendKey
 
2014 - 2015 FAFSA Review
2014 - 2015 FAFSA Review 2014 - 2015 FAFSA Review
2014 - 2015 FAFSA Review
 
New America Parent Plus Loan Panel
New America Parent Plus Loan PanelNew America Parent Plus Loan Panel
New America Parent Plus Loan Panel
 
Financial Literacy for College Planning: Best Practices for Financial Success!
Financial Literacy for College Planning: Best Practices for Financial Success!Financial Literacy for College Planning: Best Practices for Financial Success!
Financial Literacy for College Planning: Best Practices for Financial Success!
 

Recently uploaded

Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Disha Kariya
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactPECB
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhikauryashika82
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...Sapna Thakur
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfagholdier
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpinRaunakKeshri1
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfchloefrazer622
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfAdmir Softic
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxVishalSingh1417
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDThiyagu K
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 

Recently uploaded (20)

Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 

4 Reasons You Should File The FAFSA Early!

  • 1. Top 4 Reasons to File the FAFSA Early
  • 2. 1. Maximize State-Based Financial Aid Funding Find out if your state offers Need-based grants to students • Eligibility requirements may include: – Student maintained residence in that state for a minimum amount of time – Student’s parent(s) normally maintain residence in that same state – Student demonstrates financial need on FAFSA – Student is attending a qualified institution usually within their home state Each state operates differently, and follows a different deadline for the FAFSA filing date. Research your state’s department of higher education to confirm grant program details. Make sure that you hit the deadline to maximize eligibility.
  • 3. 2. Maximize School / Institutional Funding Every school has 2 funding types: Need-based & Merit-based Schools award funding on a first-come first-serve basis, and often wait until the FAFSA information is available before they award everything The faster you submit your FAFSA, the better chance you have to maximize your funding!
  • 4. 3. Eliminate Non-Options It’s only January so there is still time to consider multiple admissions offers You may find great variety in offers, and can eliminate options that don’t make sense financially After you consider your financial aid options, prioritize your list of schools considering value versus out of pocket expenses
  • 5. 4. Compare Offers and Appeal if Necessary Let the schools compete for you! File the FAFSA early and schools will give it their best shot to offer you the best package If an appeal due to unemployment is necessary, getting the FAFSA in early is the first step Appeals for financial aid due to unemployment follow set procedure. Expect a complete review of proper documentation requiring timely delivery of important documents