One of the most important things you can do to prepare for college is to file the Free Application for Federal Student Aid (FAFSA). The FAFSA is an online form you will submit each year that determines your eligibility for student financial aid. This year, for the first time, you can also complete it on your phone. The U.S. Department of Education has created a mobile-friendly version on its website or it can be filled out using its new myStudentAid app.
Starting today, October 1, 2018, you can file your FAFSA and have your information sent to up to 10 colleges you’re considering. Make sure to file FAFSA as soon as possible since some aid is awarded on a first-come, first served basis. To have your FAFSA information sent to PUC, include PUC’s school code—it’s 001258.
According to the FAQs on the FAFSA website, it takes most people less than an hour to complete a FAFSA for the first time, which includes taking time to gather the necessary documents, completing and reviewing the application, and reading the important information on the “Confirmation” page you’ll receive after signing and submitting the FAFSA. Nothing should stop you from taking one hour to do this incredibly important step in the college financial aid process!
Filing the FAFSA also potentially qualifies you for a Pell Grant, which is a subsidy from the U.S. federal government, and is something you don’t have to pay back. Amounts can change each year, but for the 2018-2019 award year, the maximum Pell Grant award is $6,095.
According to a study by NerdWallet, in 2014 U.S. high school graduates left a whopping $2.9 billion in free federal grant money on the table just by not completing the FAFSA, which made them ineligible for a Pell Grant. In our great state of California, over 100,000 seniors would have qualified for Pell Grants if they had filed their FAFSA, but as a result, they lost $396,401,205. See how critical it can be for you to take the time to do the FAFSA?
Based on your FAFSA information, our team of financial counselors can determine how much financial aid you are eligible for and create a personalized financial aid estimate for you where you can see how much per month it would cost to attend PUC. It’s incredibly helpful and absolutely an essential thing for you to have when making a decision about where to attend college.
Well, what are you waiting for? Start your FAFSA now at fafsa.gov!