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FAFSA Time

October 21st, 2018 at 01:34 pm

It's that time again if you have a college student or even a high school senior...to submit your Free Application for Federal Student Aid. The official website is here. I'm not sure exactly why I fill this out each year because we are not likely to qualify for grants, nor are we planning to take out student loans. However, one never knows what will happen in between the time of the application and the time to make a payment. We and our daughter's have always been offered loans.

I also think we did get a small grant ($1,200) from my youngest daughter's college this year. I think it is possible that the FAFSA was helpful for obtaining those funds. Makes it worth submitting again.

It seems to take awhile to complete...an hour or more, and that's with using the IRS data retriever tool. I'm now waiting on both my daughter's to get back to me with some of their personal financial data. I hope I can wrap it up today and have it as one less thing on my mind.

Have you filled out the FAFSA before? Do you take out student loans for your college student?

2 Responses to “FAFSA Time”

  1. Joanne Says:

    I do remember filling out the FAfsa form,though it wes awhile ago,13 years. We didn't take out any loans for our son. We were able to pay on our own. And,my parents helped. We did borrow against a 401k once. Then,he joined the Navy,and used that to get another degree. You have done amazing in paying for yr daughters education.

  2. Michele Says:

    I just finished doing this for our twins last week. We, like you, CCF, do NOT get student loans. But, my daughter received two additional scholarships, so I believe you have to submit FAFSA in order to receive them.

    We started saving when the twins were 5 for their college. Compounding is a wonderful thing.



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