At a time when the price of college is soaring and the global economy is, for lack of a better description, in the toilet, college-bound students can use all the help they can get to cover their tuition, room and board, and other collegiate expenses.
So if you’re heading off to college this fall, now’s the time to fill out the FAFSA, the Free Application for Federal Student Aid.
According to Sallie Mae’s “How America Pays for College” national study, 80 percent of all undergraduates completed the form last year, which determines their eligibility for all kinds of federal, state and college aid.
While eight percent more students filed the FAFSA in 2011 than in 2010, a lot of young people are still not accessing all the student aid that is available to them. And with the high cost of college — according to Sallie Mae’s 2010-2011 study, families paid a total average of $21,889 for a degree — why walk away from help footing the bill?
Deadlines vary by state, but some are as early as mid-February. Don’t miss out on this great opportunity to help pay for your education. You can learn more about the FAFSA and get tutorials for filing your forms from Sallie Mae’s website.
College-bound girls: Are you planning to file the FAFSA? How else will you pay for college?
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