Financial Aid Tip for Students, Sept. 2016
Published 4:55 pm Thursday, September 8, 2016
One of the biggest changes in the college financial aid process begins soon, according to the Kentucky Higher Education Assistance Authority (KHEAA).
Students who will file the Free Application for Federal Student Aid, most often called the FAFSA, for the 2017-2018 school year can do so beginning Oct. 1. Until this year, they could not do so until Jan. 1.
The change will make it easier for students and parents to complete the FAFSA because they can use their 2015 tax information instead of waiting until they have their 2016 tax information.
Students should file the FAFSA as soon as possible because some student aid programs have limited funding. Those who submit their FAFSA early have a better chance of receiving aid from those programs.
The best way to file the FAFSA is online at www.fafsa.gov. Students and their parents should first visit https://fsaid.ed.gov to set up separate user names and passwords.
For more info about Kentucky scholarships and grants, visit www.kheaa.com; write KHEAA, P.O. Box 798, Frankfort, KY 40602; or call 800-928-8926, ext. 6-7214.