As a high school senior, you may wonder if college is all it’s cracked up to be. With the ongoing debate surrounding the high price tag of college and alternative options like pursuing trades or entering the workforce straight out of high school, it’s natural to seek assurances about the value of a college degree. So, what’s next?
This happens to be National FAFSA Week of Action, which brings our attention to the fact that fewer students are completing the FAFSA this year. Why does it matter? Well, it only truly matters if you happen to be one of those seniors who has yet to apply for financial aid. Are you ready to close the door to potential opportunities and leave money on the table? If not, read on!
What is the FAFSA?
The FAFSA (Free Application for Federal Student Aid) is your gateway to federal, state, and college-based financial aid. This encompasses grants, work-study programs, student loans, and scholarships based on financial need. It’s tangible assistance to help you cover college expenses.
How do you apply?
To complete the FAFSA, start by creating an account at studentaid.gov. Afterward, allow 3-5 days for the Social Security Administration to verify your FSA ID, and then return to studentaid.gov to complete the form. Hopefully, that’s the most confusing part of the financial aid process, and the form will be straightforward. Check out this blog to learn more.
The U.S. Department of Education introduced the Better FAFSA this year. However, the form’s rollout faced a three-month delay and has been plagued with technical issues since January. Oops!
Why should you apply?
Don’t let technical glitches deter you and potentially limit your options. The FAFSA is crucial for scholarships based on financial need – many of which are awarded to incoming freshmen. If you don’t file the FAFSA, you could miss out on those opportunities.
Need another reason? Artificial Intelligence (AI) and automation are increasingly taking over jobs traditionally held by those with only a high school diploma. Without further education or certification, you could find yourself in a low-paying job without benefits. Earning a higher education credential after high school is more important than ever.
What education will the FAFSA help cover?
Completing the FAFSA is for more than just those pursuing four-year degrees. Financial aid is also available for two-year colleges and trade schools – all provide the advanced education employers seek. It’s about finding the right fit for your goals and preparing for the career you envision. Check out our tool, Reality Check, to estimate the costs for your desired lifestyle and the careers that will help you pay for it.
Need help?
Completing the FAFSA may seem daunting, but EducationQuest is here to help. Best of all, it’s FREE! Reach out to us at any time to make an appointment. Your future is waiting.
By Jeannine Phelan