What is the FAFSA and how/when do I fill it out? The Free Application for Federal Student Aid is an online application for federal government aid for college. Colleges use the FAFSA to help determine student aid packages (scholarships they award to help cover part of the cost of college) and the government uses it to determine whether a student qualifies for federal aid in the form of grants (e.g., Pell Grant and others). The FAFSA can also help a student qualify for work-study (jobs on campus to help pay tuition costs) and subsidized loans, if needed (government-backed, lowest interest rates, gov't. covers interest payments while student is still in school). NEW this year, the online FAFSA application opened on October 1, 2016 and requires tax information from 2015 (called "prior prior year, because students will be starting college in 2017). This is 3 months earlier than usual; the FAFSA has traditionally not opened till Jan. 1 and has required the immediate preceding year's taxes. To fill out the FAFSA, go to fafsa.ed.gov and provide the required information from your 2015 taxes. It's never too late to submit the FAFSA, though colleges do have "priority deadlines"; seniors can still submit it even as late as spring/summer 2017. Don't hesitate to ask Ms. Velhagen for help: email@example.com.
Legislative Lottery Scholarship: Link to find information about the eligibility requirements and frequently asked questions on the scholarship that helps pay tuition expenses for NM High School graduates who plan to attend an eligible NM public college or university.
NM Higher Education Department: search financial aid
Paying for College
Financing College - Twenty things you need to know about financing college. Publication from The College Board.
FAFSA online - What's So Great About Doing the FAFSA Online? Federal Student Aid Publication.
Saving For College
Myths about Financial Aid - Financial Aid tips from the Federal Government.