Are The Financial Aid Forms Straightforward To Complete? ? Prudent ...

Are The Financial Aid Forms Simple To Fill Out? While it?s correct that any person can complete the financial aid forms. The real question is, should you?

According to the Dept Of Education, ?The FAFSA is completely FREE to submit. They are going to assert that if you need help filling it out, there are lots of free tools available to help. They also say that the number one place to look for help filling out your FAFSA is at the college financial aid office.?

But for the majority of you, I need to disagree

If you have already figured out your Expected Family Contribution (EFC) and you?ve determined that you?re likely NOT eligible for any ?need? based financial support, than by all means go ahead and complete the financial aid forms yourself. There is little you could potentially do to screw things up.

But , if you do think you?re eligible, than you many wish to reconsider. It is not the questions are tough to answer,it?s knowing what impact your answers will have on your actual Expected Family Contribution (EFC) and more importantly, eventually what your out-of-pocket college costs will be. You need to know the financial aid formulas going on behind the scenes.

We often find parents have cost themselves thousands of dollars, unknowingly and unnecessarily in extra out-of-pocket university costs, because they just did not know the way to play the ?game?. The College Financial Aid process is a game the universities hope you never find out how to play!

I know what you?re thinking, ?but the schools are non-profit?. PLEASE, are you actually that naive!? Going to the schools financial aid office would be the LAST place I?d go to for help! That will be like going to the IRS and having them complete your tax return for you!

If you do not wish to make any mistakes and potentially cost yourself thousands of dollars in further out of pocket school costs or lost financial aid, you may wish to talk to a college advisor or college planner who?s familiar with the financial aid formulas, and an expert at finishing the financial aid forms.

William Lynch is an Author, Speaker, Coach and leading expert in the College Planning Industry.Did you know how to complete all the college financial aid forms?

Source: http://prudentarticles.com/reference-education/are-the-financial-aid-forms-straightforward-to-complete

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