News

Browse All News Topics

ED Reports More FAFSA Filers in 2008

Aug 12, 2008

by Scholarships.com Staff

Nearly 17% more students completed a Free Application for Federal Student Aid (FAFSA) between January and June 2008 compared to the same period in 2007 according to a report released last month by the Department of Education.  Several states, including California and North Carolina, have seen an even more marked increase, with at least 20% more students applying for federal student financial aid for college this calendar year.

This increase in applications for financial aid is largely attributed to the rising cost of a college education, the recent loan crunch, and the general economic downturn, which are all making it more difficult for families to completely cover the cost of tuition.  More people may also be applying for financial aid due to increased awareness of its existence, thanks to recent news coverage of financial aid issues.

Aside from longer lines at the financial aid office in the fall, this news is likely to have little impact on students attending college this year (although you may want to apply early for a work-study job lest you discover that the only available job is on the receiving end of that financial aid line).  Aid programs with limited funds, such as state grants and campus-based programs like Perkins Loans and work-study jobs, could potentially be exhausted a bit earlier this year, but students still procrastinating on applying for financial aid should still fill out a FAFSA if they haven't missed their school's deadline.  Federal aid, such as Stafford Loans and Pell Grants, is still available to late applicants, and as long as they haven't missed any deadlines, students could still manage to receive awards given on a first come, first serve basis.

For students considering financial aid for the 2009-2010 academic year, we recommend deciding early whether you intend to apply for federal aid (not sure?  Use a college cost worksheet to estimate your actual cost of attendance), researching your school's financial aid and scholarship application deadlines (especially since some institutional scholarships are need-based), doing your taxes as soon as possible, and completing the FAFSA on the Web in January or February (or as far in advance of the deadline as possible) to ensure that you're considered for all the aid for which you're qualified (to get an idea, you can use the Department of Education's FAFSA4caster).  Also, continue to conduct regular scholarship searches and to apply for scholarships, since scholarships continue to be the best way to make up the difference between what college costs and what you can afford to pay for school.

And remember, there’s no need to rely on expensive student loan options to pay for your college education. For more information on finding free scholarship money for college, conduct a Scholarships.com free college scholarship search today, then apply and win! It’s that easy!

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 

Most Shared Articles

What do spring college scholarships bring? Potentially thousands of dollars in free college money to help foot your college tuition bill! Whether you are relaxing over spring break or heavy into spring cleaning, don't forget to do your academic and financial aid housekeeping. Explore these spring-centric awards, as well as college scholarships with spring 2017 deadlines. Or if you prefer, conduct your own free college scholarship search here: [...]

0 months ago 1 comments Read More

March is National Women's History Month, and while we observe and celebrate the many females that brought forth change and exemplary contributions to our society, we want to give you some opportunities to pursue your dreams - without the financial burden. Ladies, check out these scholarship opportunities reserved for women only: [...]

0 months ago 0 comments Read More

Hundreds of Middlebury College students turned their backs on, and shouted down a prominent and controversial writer and scholar, Dr. Charles Murray, preventing him from giving a public lecture. The violent attack on free speech left one college professor injured and Middlebury’s President disappointed with the "deep and troubling divisions that were on display [that] night." [...]

0 months ago 19 comments Read More

Two University of Washington professors are calling out "fake news" and "alternative facts" in defense of the scientific community with their new course "Calling Bullshit In The Age of Big Data." Students, as well as the general public will have the opportunity to learn how to "detect and defuse" bullshit. [...]

1 months ago 2 comments Read More

One Faculty Master is keeping his free cookie tradition strong for College House residents, even while he's on sabbatical. Every Wednesday at 10 p.m., freshman line up Master Dennis DeTurck's apartment for a sweet snack and the singing of show tunes. This is only one example of the many food-centric traditions found at the university. [...]

1 months ago 0 comments Read More

Fighting crime is no easy task and is not meant for everyone. Careers in criminal justice aren't limited to police officers. You can study to be a criminal law paralegal, a crime lab analyst or even work for homeland security. If you plan to take this route, don't forget to apply for these solid scholarships to reduce debt while also doing your part to reduce crime: [...]

1 months ago 0 comments Read More

Due to Oregon's $1.8 billion budget crisis, public university leaders want funding reallocated from the Promise program to the state's need-based grant, which is awarded to low-income students who attend Oregon's public universities. [...]

1 months ago 1 comments Read More