College Financial Aide and FaFSA Applications

It’s that time of year for college acceptance letters, and financial aide awards. Remember, cost is the most important issue when low-income and middle-income families are considering college. You can start your financial aide application right at FAFSA, also known as The Federal Financial Aide Website, www.fafsa.ed.gov.

Also, don't forget that no matter how poor you are, financial aide usually only covers 75-80% of your overall college cost. And, with many colleges financial aide does not cover registration fees, lab fees, or books. You must raise this money yourself with summer jobs, or from family members.

A 100% guaranteed scholarship is different, and coverage is different with different colleges. Find what scholarships are available with your qualifications by 1. Asking your high school guidance counselor, 2. Asking the financial aide offices of all colleges you are interested in, 3. Doing an online search of scholarship websites, 4. Search scholarship reference books at your local library.www.MsFinancialsavvy.com