January is almost passed and 2009 is well underway, but it isn’t too late for students to apply for federal financial aid through the FAFSA (Free Application for Federal Student Aid)

Without contest, the federal government is the largest provider of free money for college costs and tuition, and the FAFSA is your way of trying to get a share of that cash.

If you haven’t applied yet and you’re wonder why, you should read this post I made earlier in the month about the FAFSA application process and why you need to get started immediately!

When is it Due?

Ok, technically it isn’t due until June 30, 2009.  That doesn’t give you an excuse to wait a few more months – or even weeks.  The government will start issuing money to the colleges long before that deadline, and chances are the schools are going to have spent all the money or promised it out to students before then.

Check with your college to see how they handle FAFSA and federal financial aid, but you can be pretty certain that regardless of the school you attend, all that money will be allocated before June 30 comes along.

Its Free, Its Easy, Its Online

It shouldn’t cost you anything to file a FAFSA profile online, just go to the official government website available at:  http://www.fafsa.ed.gov/

All you really need is your tax and income information – oh, and that of your parents if you’re under 24.  Make sure to read through the eligibility rules carefully, and if you have no strikes against you continue to apply for a PIN and fill out the required questionnaires.  If you meet all of the individual and financial eligibility requirements and the profile is filed with the government education administration and the school you’re attending early enough, you’ll get money.

Depending on the level of financial need demonstrated, this free money for school could come in the form of a grant that doesn’t have to be paid back at all, or a subsidized student loan with a generous repayment plan and virtually no interest compared to private, commercial student loans.

5 Responses to “Not too Late to Apply for Federal Financial Aid”

  1. Hi my name is Elizabeth, I have one daughter Sandy and I am married. I live with my mother and father in law with there three other daughters. I need money for college I am wonting to go to Penn Foster and recive my Medical Assistance Degree but I barely have the money to even get started. I wont a career that can get me and my husband on our feet and out of my In Laws house. Please Help… Elizabeth Crawford

  2. sir my name is saqlain zulfiqar khosa i m an intelligent student of civil engineering i want higher study please help me for my study

  3. Chukwu peter chiemeka
    March 10th, 2009 at 7:46 pm

    Pls i realy need your help so that i can travel abroad

  4. DEAR SIR/MADAM,
    WITH HIGH REGARDS I WANNA SAY THAT I AM AN ENGINEERING STUDENT(INDUSTRIAL ELECTRONICS) AND WANT TO GO ABROAD FOR HIGHER STUDIES.I AM A POOR STUDENT AND CANNOT PAY THE EXPENSES OF HIGHER EDUCATIONS PROGRAMS.SO KINDLY COMPROMISE WITH ME FOR YOURS SCHOLARSHIP PROGRAMS.
    THANKS!

  5. Thanks for writing about this. There’s a mass of awful info about finance on the internet.Your blog it’s great it has good article, I found a lot of awesome info about finance here.I’ve been keeping an eye on this blog for awhile.I searched very long time a blog like yours,thanks for helping me with finance keep up the good work

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