If you’ve asked yourself this question, you’ve come to the right place! First, filing the FAFSA is now a graduation requirement for high school seniors in Nebraska. I know, I know. “Ugh, not one more thing I have to do!” But let’s change that mindset. The FAFSA isn’t just another piece of paperwork – it’s a huge opportunity!
What is the FAFSA, and why does It matter?
FAFSA stands for Free Application for Federal Student Aid. It’s the form that determines your eligibility for financial aid, which includes grants, need-based scholarships, work-study jobs, and student loans.
Whether you’re planning to attend a four-year university, community college, or trade school, filling out the FAFSA ensures that you’re not leaving free money on the table. In 2023 alone, it’s estimated that Nebraskans missed out on $24 million in Pell Grants by not filing the FAFSA. That translates to a mind-boggling amount of missed opportunities for students.
Common FAFSA myths…and the truth.
Do any of these statements ring true for you? It’s time to rethink your viewpoint!
🛑 “My family makes too much money, so I won’t qualify.”
✅ You may still be eligible for school-based scholarships and low-interest student loans.
Many schools require a FAFSA on file to award any aid, regardless of income.
🛑 “FAFSA is only for students going to a university.”
✅ Nope! FAFSA can be used for trade schools, community colleges, and technical
programs—not just four-year schools.
🛑 “Filing the FAFSA is too complicated.”
✅ While gathering some financial information is required, the FAFSA Simplification Act
has made the process easier than ever! Plus, EducationQuest is always available to provide free assistance.
When should I file?
The FAFSA typically opens each year on Oct. 1 (though for 2024, it opened in December due to changes in the form). Since some aid is first-come, first-served, you’ll want to submit your FAFSA as soon as possible. Nebraska colleges and programs have their own deadlines, so don’t wait until the last minute!
How do I get started?
The process is pretty simple. The following steps will get you on your way.
- Create an FSA ID at studentaid.gov. You and a parent/guardian (if applicable) will need one.
- Gather necessary documents, including tax returns, W-2s, Social Security Numbers, etc.
- Complete the FAFSA form online—most students finish in under an hour!
- Review your Student Aid Report (SAR) and correct any errors.
- Check with your chosen college or program to ensure they received your FAFSA.
What if I need help?
We are here for you! EducationQuest has a variety of resources to help you navigate the process, including:
- FAFSA Checklist: Our FAFSA Checklist will tell you all the materials needed to complete the form and where to find them.
- FAFSA Demo: Watch our short video tutorial to prepare. We’ll show you what to expect and how to avoid common mistakes.
- Personalized Assistance: Schedule an appointment with EducationQuest’s college planning specialists for one-on-one support. It’s FREE!
- Videos: Visit our YouTube channel for a variety of videos and livestreams that will give you insight into filing the FAFSA and college planning.
Filing the FAFSA is one of the most important steps you can take toward an affordable education. Even if you think you won’t qualify, fill it out anyway. You might be surprised at the financial aid available to you!
By Regan Anson
Assisted by AI