The Free Application for Federal Student Aid (FAFSA) was developed to provide families with better options for funding college tuition, room and board, and other education costs. Unfortunately, according to Federal Student Aid (an office of the U.S. Department of Education), there is a 9.2% decline in the number of high school seniors applying to receive federal aid for their first year in college.
What does this mean? Are fewer graduates planning on attending college? Do families just not know about all the free money for college that will be missed out on if these applications are not filled out? Do people think they don’t qualify because their household income is too high? Whatever the reason, it is essential to fill out the FAFSA if you intend to go to college this fall.
Another shocking statistic is that the states with the biggest rate of decline are some of the states with the highest levels of poverty – the families that need the FAFSA the most. So don’t just fill it out yourself. Get on social media and spread the word that there is plenty of free money for college that high school seniors need to apply for before it is too late!
Get Professional Assistance to Plan Your College Experience
College Planning Source is here to help your family afford college and to assist students to handle the college admissions process, so you can get into the best school for you. Contact us today at 858.676.0700, or you can request your free college planning assessment online.
