you get ready for college, you and your parents may be thinking, “How
in the world are we going to pay for all this?” That’s
where financial aid comes in. Grants, scholarships, work-study,
and loans are all different types of financial aid that you can use
to pay for college.
Applying for financial aid:
The process starts with the Free
Application for Federal Student Aid, “FAFSA” for short.
If you don’t submit a FAFSA, you can’t receive any federal
aid grants, work-study assistance, or loans. It’s really
important that you complete and send in your FAFSA on time.
To start the financial aid process:
Complete the FAFSA as soon as possible
after January 1 of your senior year in high school. The processors
won’t accept the FAFSA before January 1. Since many colleges
award aid on a first come-first served basis, it’s in your best
interest to submit the forms promptly. You can get a FAFSA from
your high school guidance counselor or any college financial aid office.
It’s also available on the Internet at
www.fafsa.ed.gov. Directions for filing on line will follow
in the Fall.