FAFSA / Financial Aid
Where do I start?
DECEMBER 2023 - NEW, Updated FAFSA Application Opens
FAFSA = Free Application for Federal Student Aid
Students planning to attend college and/or apply for any scholarships should complete the FAFSA as soon as possible after the application opens.
Step-by-Step Guide to filling out the FAFSA - including explanations for EACH step:
https://www.salliemae.com/college-planning/financial-aid/fafsa/fafsa-guide/
Kinds of Aid:
Grants/Scholarships
financial aid that doesn't have to be repaid (unless, for example, you withdraw from school and owe a refund)
Loans
borrowed money for college or career school; you must repay your loans, with interest
Work-Study
a work program through which you earn money to help you pay for school
More Definitions:
Check out the glossary on the Federal Student Aid website to make sure you understand any terminology regarding financial aid.
This guide provides information specific to Texas when it comes to financial aid, grants, and scholarships: https://lendedu.com/blog/texas-student-loans-scholarships-and-grants/
FAFSA
To apply for federal student aid, such as federal grants, work-study, and loans, you need to complete the Free Application for Federal Student Aid (FAFSA). Completing and submitting the FAFSA is free and easier than ever, and it gives you access to the largest source of financial aid to pay for college or career school.
In addition, many states and colleges use your FAFSA information to determine your eligibility for state and school aid, and some private financial aid providers may use your FAFSA information to determine whether you qualify for their aid.
Apply for aid by filling out the FAFSA form HERE or go to www.studentaid.gov
