10.17.08 | FAFSA Renewal
Did you know the U.S. government requires each student applying for federal financial aid to complete a renewal FAFSA each year? And since the FAFSA is the key to determining your financial aid package it is of paramount importance to do so.
The reason a renewal is required is your financial situation or status could change (for better or worse) from year to year and that information must be captured. For example, perhaps one of your parents got a promotion and is able to pay for more or college or last summer’s internship paid very well, and allows you to contribute more to your education. All of this is crucial to determining your awards package.
So don’t forget to do your renewal FAFSA after the first of the new year!
The FAFSA blog is sponsored in part by:
Five most recent FAFSA form help blog posts:
The Student Loan Help blog is sponsored in part by:
