One of the most important things to do when you plan to attend college is to make sure that you get your college Financial Aid Application submitted. You need to submit the FAF form as soon as possible in the year in which you want to attend. For example, if you plan to start school in September, then you should file your Financial Aid form on January 1st, about nine months before. Much of the financial aid in America is awarded on a first come first come basis, and so the earlier that you file the more likely that you will qualify and receive the maximum amount of funding that you may be eligible for.
The process of filing for Federal Financial Aid used to be an in depth process, and it was a process that actually cost money. The old method was to charge for each school or university that you wanted the results sent to, and this could be fairly expensive if you were applying to multiple schools. With the improved method that came into being over the last couple of decades, the process is now free. In the old method you had to fill out a form, and mail it in, and you had a fee to send the results to different colleges. The more colleges or universities that received your Student Aid Report, the more that you had to pay on a per fee basis. In the old method it was necessary to fill out a written form, and it took between 4 and 8 weeks for you to receive the results back. Now it is greatly simplified, and the entire process has been made a great deal easier. You can file for financial aid on the Internet, and it can be all done in an easy process that takes between 90 minutes and 2 hours. Using the Internet you can even sign your application electronically. Applying for financial aid is fairly easy, but it’s still important to file for financial aid early. The first step is to make sure that you have filed or estimated your taxes for the tax year; this will give you the ability to go ahead and file for financial Aid.
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Other Sources of Aid- You should investigate different other sources of education funding. If you are enlisting in the active duty military, then you will be eligible for the Montgomery GI Bill, as well as different sources of private scholarships and education money that is available.
