Friday, June 19, 2009

Filling out those financial aid forms...

The FAFSA (Free Application for Federal Student Aid) can be daunting for both college-bound teenagers and their parents, but it is necessary in order to apply for federal and state financial aid. So we asked our Box-O-Box college friends how to conquer the process, and they gave us these tips:

1. It may seem obvious, but use a black pen and write clearly - many applications are delayed due to illegible data!

2. Students should fill out the online version of the form, as it is processed more quickly, and you will receive your Student Aid Report (which outlines your family's expected contribution) faster than if you submit the paper form.

3. A lesser known fact: your parents can submit the FAFSA before actually filing their income tax return with the Internal Revenue Service - their income tax return simply needs to be completed.

Good luck with FAFSA!!

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