DS#1 might be adding another school to his short/long list. To date he has applied to 9 schools, been admitted to 5 schools with merit scholarships to 4. The fifth school notifies merit scholarship recipients in March. The other four schools we’re still waiting to hear from and might not hear from them until March.
We tentatively filled out the FAFSA this past weekend. We don’t know if DS will qualify for financial aid or not. There are several scholarships DS is applying for that require the FAFSA be filled even though they are merit based and not financial based.
In early December I received a tip from Brenda (THANK YOU!) to go to the FAFSA site and apply for a PIN. It can take several days to receive a PIN and one is needed when you sign your FAFSA. Having this ahead of time helped us immensely.
The FAFSA can be filed after January 1st of the school year you are requesting funds for. It is also important to file as early as possible so that your name gets into the queue for consideration. If you wait then by the time your name comes up all available funds might already be gone! Yikes!
The downside of this is that we must also file our taxes soon. Like early February. Yikes! The FAFSA wasn’t that hard to fill out for us although many others do not share my opinion. The hardest part was figuring out what cash we had in our checking and savings accounts—thank goodness for online banking. Then we had to figure out the funds we had in stocks and money market accounts. Well, that was easy for us too. We don’t have a business, or a second home, or lots of funds laying around.
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