Did you know one of the most important parts in determining
how much money you'll get in scholarships is determined by how you answer the questions on your
FAFSA (Free Application for Federal Student Aid) form?
Most parents and students screw-up when they complete the FAFSA and get much less in scholarships than they are entitled to in two ways:
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Having their FAFSA application rejected or delayed because of a small mistake. Approximately 1.5 million corrections are filed every year! Colleges award their money first to families that did everything correctly. If you make a mistake, less scholarship money will be available for you. It's all about getting to the front of the scholarship line and staying there! |
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Not knowing what can be done before completing FAFSA to qualify for more scholarships. |
For example, a student may have savings in his or her name and need a car or computer for school. When the student buys the car or computer any time before completing FAFSA, less savings are reported on the FAFSA and you qualify for more
financial aid and
scholarships. There are many questions where understanding
how to correctly complete your FAFSA is critical to your success in getting more scholarships.
A family may own a house, have savings and investments, own a business or have parents that are divorced, separated or living apart. These are all situations where preparing in advance and understanding how the FAFSA formula works before completing it will be the difference in getting a lot of scholarships or just getting your form processed.
While FAFSA is a very important part of the financial aid process, it is only one part of many things you must do correctly to get more scholarships.
