One of the nicest opportunities that are available for US Citizens is the free application for Federal Financial Aid. You can receive different types of aid by filing a single application, and it opens doors to attend various colleges and universities. Going to school can be a very expensive experience, and you need to make sure you are optimizing your opportunities and experiences. If you fill out the free financial aid form, either the paper version, or visiting their web site online, then you ensure that you are filing for much of the Federal financial aid that you may qualify for.
In the past a person only had options with filling out the Federal Financial Aid form in paper form. You had to send the information to the College Board, and each school that you wanted to send results to cost about 7 bucks per school. It was laborious, slow, and it took about 2-4 weeks to get your results back and see what you qualified for. At one time when you filled out a FAF form you have to submit it in paper form, and it would take weeks to literally find out your level of financial aid that you qualified for. In addition you also had to pay a fee for each school that you wanted to have receive your Financial Aid Form.
Now it is a lot easier. Not only can you get your results swiftly, but also you can file the form on the Internet, online. You now receive your results in less than a week, it no longer costs any money to file, and you are able to edit, change, or modify which schools you want to send the finished FAF form to. There are some requirements for filing for Federal Financial Aid. Attending college or university can be a very expensive endeavor. You have a lot of expenses that you encounter in addition to the cost of going to school itself. Much of the Federal Financial Aid that is awarded is based on first come first serve, so it is beneficial to get your application in as soon as you can. If you do not have your taxes completed yet you should not wait, you should go ahead and estimate your taxes, file your FAF form, and then later you can adjust the differences using the modify features at the FAF Web site. The Financial Aid you receive will be in addition to any Montgomery GI Bill money that you may be eligible for.
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To fill out a FAF form you have to be a US Citizen, or qualify as a specific Non Citizen. You must have a GED or HS diploma, and be applying for a federally approved service or educational program. If you are a male you must register for the Selective service.