What does My Fafsa is "Now Processed" Actually Mean?
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The Free Application for Federal Student Aid is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid. The FAFSA is different from CSS Profile, which is also required by some colleges.
When is the FAFSA filing date?
Typically, parents of college students would prepare their paperwork now so they can file the FAFSA in October.
In 2021, a FAFSA Simplification Act was approved, and those changes go into effect when filing this year for the 2024-2025 award year. That means there is a massive change to the student aid program.
“As a result, it’s taking a little bit longer for the federal government to get the FAFSA form ready, so they’re anticipating that it’s not going to be ready until December of this year. However, the following year, it will return to the October 1st date.”
No filing date has been announced yet but Tillman said that when it is announced, it’s always best to fill out the FAFSA early because aid is awarded on a first-come-first-serve basis.
Also, keep in mind that the FAFSA is not a one-time filing deal. The FAFSA must be filled out every year the student is in college to reapply for financial aid.
Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor's, graduate, or professional degree. (In some cases, however, a student enrolled in a postbaccalaureate teacher certification program might receive a Federal Pell Grant.) You are not eligible to receive a Federal Pell Grant
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If you'd like to help us continue producing videos feel free to giving what ever you like through:
Venmo - @PrincipiaPrep
Or
Buy Me A Coffee - https://www.buymeacoffee.com/Principi...
The Free Application for Federal Student Aid is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid. The FAFSA is different from CSS Profile, which is also required by some colleges.
When is the FAFSA filing date?
Typically, parents of college students would prepare their paperwork now so they can file the FAFSA in October.
In 2021, a FAFSA Simplification Act was approved, and those changes go into effect when filing this year for the 2024-2025 award year. That means there is a massive change to the student aid program.
“As a result, it’s taking a little bit longer for the federal government to get the FAFSA form ready, so they’re anticipating that it’s not going to be ready until December of this year. However, the following year, it will return to the October 1st date.”
No filing date has been announced yet but Tillman said that when it is announced, it’s always best to fill out the FAFSA early because aid is awarded on a first-come-first-serve basis.
Also, keep in mind that the FAFSA is not a one-time filing deal. The FAFSA must be filled out every year the student is in college to reapply for financial aid.
Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor's, graduate, or professional degree. (In some cases, however, a student enrolled in a postbaccalaureate teacher certification program might receive a Federal Pell Grant.) You are not eligible to receive a Federal Pell Grant
Additional Videos to view:
The Introductory Video For The James Russo Memorial Scholarship - Scholarships 2021/2022
Our Scholarship Program The James Rus...
How To Create The FAFSA FSA ID's A Step By Step Guide To Start Completing The Fafsa For 2021 & 2022
How To Create The FAFSA FSA ID's A St...
The Top 5 Student Loans To Consider & Student loan basics - Parent Plus, NJ Class loans
Video
Yes Take The Student Loan Out In The Student's Name - College Student Loan Basics
Yes Take The Student Loan Out In The ...
Choosing Student loans based on your Credit Score - TransUnion, Equifax, and Experian
Choosing Student loans based on your ...
Student College Loan Declined? You Have Options.
College Loan Declined? You Have Optio...
#studentloans #Federaldirectloans #financialaid
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