Home Financial Aid Newsletter October 23, 2019 Newsletter

October 23, 2019 Newsletter

October 23 Financial Aid Newsletter Helen Keller Quote

Mistakes That Affect Eligibility 

There are some decisions you make which could affect your financial aid. For example, not filing the Free Application for Federal Student Aid (FAFSA ®) will not only prevent you from receiving federal financial aid, but could also affect your ability to receive state and school aid. Many states and schools use the FAFSA to award state and institutional aid. Don’t miss out.

Here are thirteen mistakes that may affect your aid eligibility. 

2020-2021 FAFSA Deadlines 

Based on the federal deadline, you may think you have a lot of time to complete the FAFSA. But did you know that some states award financial aid on a first-come, first-served basis? It may seem early to complete the FAFSA for fall 2020, but it’s not! The sooner you file the more aid you may receive. 

Make sure you find out your state deadline! 

Introduction to Parent PLUS Loans 

Parent PLUS Loans are federal student loans made to parents to help fund their child’s education. The first step in applying for a Parent PLUS Loan is making sure your child has filed the FAFSA. Biological or adoptive parents (or, in some cases a stepparent) can borrow a loan on behalf of a child. 

Often, Parent PLUS Loans—or the alternative, private parent student loans—are needed to cover the balance of tuition, fees, and college related expenses. Don’t wait until the last minute. 

Start exploring the Parent PLUS Loan program. 

Mental Health 

The change from high school to college alone can be stressful. Add to that forming new social groups and even the change of the seasons, and it can have an effect on your mental health and wellness.

According to a study from the National Alliance on Mental Illness, 73% of students said they experienced a mental health crisis while at college. 

Know when to reach our for mental health help. 

No-Essay Scholarships 

ScholarshipPoints Scholarships 

 1.$10,000 December 2019 Scholarship 

 2. $1,000 Magnum-Opus Scholarship

View more scholarships 

 FAFSA Guide Download 

Whether you’ve already filed the FAFSA and need to make changes, or you’re getting ready to file, our annual free FAFSA Guide takes you step-by-step through the process with expert answers to the most common questions we receive. Take the guess work out of filing the FAFSA. 

Download Edvisors’ Free Guide to Filing the FAFSA.