What is FAFSA?
The Free Application for Federal Student Aid (FAFSA) is a form filled out by current and future undergraduate and graduate college students in the United States to determine whether they are eligible for student financial aid.
The Problem with The FAFSA
The FAFSA was recently ranked No. 1 among the “most complex and convoluted higher education forms.” It can several hours to complete, and this year for the 2024-25 school year, millions of high school students who could have received financial support are missing out and choosing not to go to college because they didn’t file the form.
What makes applying all the more difficult is the 2020 FAFSA Simplification Act. While the new 2024-2025 FAFSA has fewer questions, the rules have changed making it harder for families with middle to upper-middle incomes to qualify to receive free money. Things like…
- taking away credit for having multiple children in college at the same time
- adding the value of a business and family farm
- students with divorced or separated parents can have their aid reduced or eliminated entirely.
Many loopholes have been closed, but new ones have been created. Parents must know how to use the new rules for their benefit.
To be awarded the most financial aid, you need to know how to master the FAFSA and CSS Profile.
But there’s a challenge…
- Completing the FAFSA and CSS Profile to your benefit and correctly is hard to do on your own.
- No one shows you how to do it right.
- You only have one chance to get it right. If you get it wrong, you can miss out on tens of thousands of dollars.
- Even if you are great with finances, financial aid is a different animal altogether.
- The submission deadline is right around the corner.
Financial Aid NOW is an online platform that gives you everything you need to make going to your dream school more affordable. From mastering the FAFSA – to filing your CSS Profile, researching schools, and analyzing awards, Financial Aid NOW gives you the tools and support needed to get the most aid.