February is Financial Aid Awareness Month, which which makes it the perfect time to finish up your FAFSA (Free Application for Federal Student Aid), find as much scholarship money as you can to help pay for school, and learn about Federal Stafford loans. This issue of the Financial Aid News will help you do just that. Here's just some of what you’ll find in this month’s issue:
Some schools' FAFSA deadlines have already come and gone — have you completed your FAFSA? Get your FAFSA in soon because some state and college aid is first-come, first-served. The earlier you file the better!
To help you file faster, the IRS Data Retrieval Tool is available. Learn if you qualify to use the tool and find out how this can save you time AND make your FAFSA more accurate.
If you have already filed your FAFSA, hooray! You're one step closer to getting your funding. You'll soon get your SAR (Student Aid Report), which includes your Expected Family Contribution (EFC) along with the amount of federal student aid funding you might be eligible to receive.
Don’t miss the exciting scholarship opportunities this month on ScholarshipPoints.com. To enter, simply log in to your account and spend your points on these drawings before midnight Pacific Time on the date indicated:
Watch for our notification emails to see if you are a winner!
This monthly section of the Edvisors Financial Aid Newsletter features an intriguing list of scholarships that share a common characteristic. We hope this section will make you smile and inspire you to apply for more scholarships.
My parents are unwilling to complete the Free Application for Federal Student Aid (FAFSA). I cannot afford to pay for college by myself. What should I do?
If you need help in filing the FAFSA, download our free guide.
Federal Stafford Loan
The Federal Stafford Loan is the largest federal student loan program. Federal Stafford loans may be subsidized, where the government pays the interest that accrues during specified periods, for example, during a period of authorized deferment or unsubsidized, where the borrower is responsible for paying the interest that accrues during all periods.
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