College students and parents are already looking ahead to the 2019—2020 school year with the FAFSA- the Free Application for Federal Student Aid. The great news is that the Department of Education just launched “myStudentAid” app to make it easier for students and families to fill out the federal student aid application through their mobile phones.
According to the National College Access Network, only 61 percent of high school students file a FAFSA, leaving more than $24 billion in state, federal and institutional aid on the table. Completion of the FAFSA form is one of the best predictors of whether a high school senior will go on to college, as seniors who complete the FAFSA are 63 percent more likely to enroll in postsecondary education.
For the 2019-2010 school year, the FAFSA filing season opens on October 1st and the sooner students file, the better as some financial aid is awarded on a first come, first served basis or from programs with limited funds.
Furthermore, students should look beyond federal student aid as scholarships are a great way to pay for college, and unlike loans they don’t need to be repaid. But winning scholarships takes time, dedication, intensive research, and hard work, especially on the essays. It’s deadline time for college applications, so it’s important to start the application for free money now!
Tuition Funding Sources (TFS) offers access to 7 million scholarships and $41 billion in financial aid. Start by filling in the registration; then with a click, the site searches to find any scholarships for which you might qualify. The more information you provide about yourself, the more matches TFS can make.
Richard Sorensen suggests these tips when applying for financial aid and scholarships:
Tip No. 1: Apply through FAFSA mobile app
The FAFSA mobile app is very simple to use as it asks one question on each page and after answering the question the student goes to the next page and the next question. The student can leave and return to the app as often as they want so it can be completed in several different sittings over a period of time.
Some students don’t apply because they mistakenly think the FAFSA is only for students with financial aid. That’s not accurate, families should know that income is not the only factor used to determine the financial aid they can get. It also depends on the number of children in a family and how many are enrolled in college at the same time.
Tip No. 2: Follow the steps carefully
Even though the FAFSA mobile app is generally easy to use, pay attention to the signature process, because both parents and dependent students are required to sign before the application can be processed. Never tap to “Start Over” button when including a parent signature as this will erase all previous information. And if you need to add a school, click “New Search” not “Next” which moves students to the next question.
Tip No. 3: Submit scholarship applications early
Meet the deadlines and don’t wait until the due date. If the organization asks you to mail the application, don’t try to email it and if there is a maximum word count limit, don’t go over it. Most scholarship providers receive more qualified applications than available funds so reduce your chances of being disqualified because you didn’t follow their requirements.
At TFS undergraduate and graduates can search for scholarships that fit their interest. The majority of the scholarship opportunities featured on TFS Scholarships website come directly from colleges and universities, rather than solely from competitive national pools – thereby increasing the chances of finding scholarships that are the best match for undergraduate, graduate and professional students. Each month TFS adds more than 5,000 new scholarships to its database maximizing the number of opportunities students have to earn funding for their education.
TFS has been helping students for over 30 years and offers more than 7 million individual scholarships and more than $41 billion in aid. Visit tuitionfundingsources.com to learn more.