1 top 10 financial aid tips for students prioritize learn process submit fafsa review yearly...

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Top 10 Financial Aid Tips for Students

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts

Company Sponsored Plans

Apply

Use FastWeb

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• Start with the federal government. Visit www.finaid.org to learn about all your funding opportunities.

• Then, turn to the private sector for additional assistance. Private sector scholarships can be located for free at www.fastweb.com.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #1: Prioritize Your Tip #1: Prioritize Your EffortsEfforts

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• Learn all you can about the financial aid process.

• Create your financial aid plan at www.collegegold.com.

• Complete your FAFSA on the Web at www.fafsa.ed.gov.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #2: Tip #2: Learn About the Learn About the ProcessProcess

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• Seniors: Submit a FAFSA, even if you don't think you qualify for aid. Applying for federal aid is sometimes a requirement for some private awards.

Complete your FAFSA on the Web at www.fafsa.ed.gov

• Juniors: Receive an early estimate of eligibility with the FAFSA4caster at

www.fafsa4caster.ed.gov

• Submit your FAFSA as soon as possible after January 1st.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #3: Tip #3: Submit a FAFSA Submit a FAFSA

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• Review all of your data on the FAFSA and send a Renewal FAFSA each year.

• Your eligibility can change from year to year, depending on your family’s circumstances.

• Consult with a financial aid administrator for assistance.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #4: Tip #4: Review Yearly Review Yearly

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• Inform your financial aid administrator about atypical expenses and situations.

• Be sure to provide documentation.

• Certain adjustments may be made to assist you.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #5: Tip #5: Atypical Situations Atypical Situations

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• Take advantage of tuition prepayment discounts.

• Some colleges offer up to a 10% discount for early payment.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #6: Tip #6: Tuition PrepaymentTuition Prepayment

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• Monetary gifts for tuition should be paid in your name directly to the school.

• Direct payments to the school avoids gift tax liability.

• Consult your financial aid counselor about the impact on your need-based eligibility.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #7: Tip #7: Monetary Gifts Monetary Gifts

9


• Investigate company sponsored tuition plans.

• Many employers will invest in the education of their employees and their dependents.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #8: Company Tip #8: Company Sponsored Sponsored Plans Plans

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• Apply! Apply! Apply! • You can't win awards or receive

funds for which you do not apply.

• Pay attention to deadlines.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #9: Apply Tip #9: Apply

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• Use FastWeb to help you find the scholarships and assistance you need.

• FastWeb features over 1.3 million scholarships worth over $3 billion.

• Visit www.fastweb.com.

Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Tip #10: Use FastWeb Tip #10: Use FastWeb

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Prioritize

Learn Process

Submit FAFSA

Review Yearly

Atypical Situations

Tuition Prepayment

Monetary Gifts


Apply

Use FastWeb

Best wishes for your Best wishes for your success!success! This presentation was created by

FastWeb

Students complete a free scholarship search

visit www.fastweb.com

Educators find helpful resources, how-tos, and articles for your students

visit www.fastweb.com/educator

If you have any questions or comments about this presentation, please contact the Member Services Department at 1-800-FASTWEB(327-

8932) ext. 3

1 top 10 financial aid tips for students prioritize learn process submit fafsa review yearly...

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