Why Is Filling Out My FAFSA Important?

Why Is Filling Out My FAFSA Important?

Admissions| Blog

When you embark on your college journey, you will have to answer a major question: HOW AM I GOING TO PAY FOR THIS? This is a question that will follow you throughout your time in college. Below you will find valuable information on this topic along with a few tools to help you out along the way.

Ways to pay for college:

    • Paying 100% out of pocket. Due to the high costs of most colleges, this usually is not an option for most students.
    • Scholarships and Grants. Unlike loans, this is money you do not have to pay back. You should apply for as many scholarships and grants as possible. Get started now by checking with your guidance counselor for all the possibilities you can apply for! You can also Google scholarships in your area or go directly to scholarships.com. Scholarship searches are free and you should never have to pay to search or apply for them.
    • Loans. You can take out loans with colleges through the Department of Education or apply for independent loans through your bank.

A very important link in receiving federal aid is filling out your FAFSA in a timely manner. You may start filling it out on January 1 and should aim to get it finished as close to that date as possible. Also, it is important to note that you do not have to have your taxes filed in order to fill it out, you can estimate from last year’s and then go in and update your FAFSA at a later date.

Check out our Net Price Calculator here! This calculator is intended to provide estimated net price information (defined as estimated cost of attendance — including tuition and required fees, books and supplies, room and board (meals), and other related expenses — minus estimated grant and scholarship aid) to current and prospective students and their families based on what similar students paid in a previous year.

For further information or to speak with someone in Financial Aid,

Thriving in the Classroom

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Lela Ratliff, KCU Class of 2013

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