Archive for December, 2014

While college applications might be top-priority right now, it’s also a good time to think about college costs and financial aid options. To initiate the financial aid process, students must submit the Free Application for Federal Student Aid (FAFSA) – the primary form used by colleges to determine eligibility for federal and most state financial aid. The 2015-16 FAFSA will be available on January 1, 2015 and students are encouraged to complete this form as early as possible to meet college priority filing deadlines.

Even though students cannot complete their 2015-16 FAFSA at this time, they can get an early estimate of their federal financial aid eligibility by using the FAFSA4caster. This free tool uses basic information to provide an estimate in the form of the “College Cost Worksheet” where students can also add in anticipated financial aid and savings (e.g., scholarships, prepaid savings plan funds) that can be used towards their college education.

Click here for more information about the FAFSA4caster.


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