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Through our very own editors and guest writers, this blog will discuss the INSIDE scoop on the admissions process of various schools and programs. If you wish to ask a specific question, please write to us, and we will make every attempt to address your questions in our future blog discussions.
Monday, October 17, 2016
Changes to FAFSA to Help Students with College-Selection
Each year, the U.S. Department of Education gives out over $150 billion in financial aid for college students. The aid is need-based, and any student can determine eligibility by filling out the Free Application for Federal Student Aid (FAFSA).

For most high school students, the income being evaluated is that of their parents. It is often advised that all students fill out the FAFSA, even if their parents' income is too high to qualify for aid. Because many universities and organizations use the financial information on the FAFSA to make determinations about merit and need-based scholarship awards, it is recommended that all students fill out a FAFSA. The FAFSA also entitles applicants to up to $5,300 in low-interest federal loans.

Integral as the FAFSA is to many college students, it has long posed a problem. With an application deadline of January 1st, most students were applying for aid after they'd applied to colleges. For many students, cost is a major component of college selection. Some students were placed in the difficult position of accepting college offers before they knew whether or not they could afford to pay tuition.

This year, FAFSA has changed its deadline to October 1st. This means students will receive aid decisions well in advance of the college acceptance deadlines. Students will be better able to make informed (read: financially sound) decisions.


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