All high seniors and parents have gotten their FAFSA PIN numbers and have drafted their Financial Aid forms, right? HS seniors should try to send their forms out ASAP, using parents’ tax forms from usually a year before last year. With your parents’ permission, FAFSA, being a government service (the website ends in “. gov”), can connect to the IRS and download the data from your 1040. This makes the form even easier to complete. Some people may need to manually type in the numbers themselves; usually they have complicated investments and businesses. They might want to ask a financial advisor for some advice as to what is supposed to be added into the form. But bottom line: the earlier you file, the earlier you get in the line for financial aid.
Get an overview of the financial aid process with our “Just the Money, Honey” course! Learn about pitfalls and how to ask the right questions of your advisors: https://goodapples.teachable.com/p/justhemoneyhoney