Heading to College? It’s FAFSA Time

It seems simple: You have to apply for financial aid to get financial aid. Yet, money stays on the table every year because students don’t apply for it or they don’t provide complete information.

To try to get college students and their families the maximum benefit, the Michigan Department of Treasury is reminding families to start thinking about filling out the FAFSA. FAFSA stands for Free Application for Federal Student Aid.

The application period opened on October 1st and goes until March 1st for State Priority Consideration. It can still be completed after March 1st, but the money might be gone.

Robin Lott, executive director of Treasury’s Office of Postsecondary Financial Planning, said, “Completing the FAFSA should be on top of everyone’s list when applying for college financial aid.”

Lott said, “I strongly encourage students and parents not to wait to complete this free application. Missing the March 1, 2022, deadline could result in missing out on critical dollars that could help pay for college. Please do not delay and submit your application sooner rather than later.”

At least one parent or guardian needs to obtain a Federal Student Aid ID to complete the FAFSA.

To get started with the FAFSA, go to www.fafsa.gov. To learn more about State of Michigan scholarships and grant programs, visit the MI Student Aid website at www.michigan.gov/mistudentaid.

Administered by Treasury, MI Student Aid is Michigan’s go-to resource for finding the financial resources needed to pay for college. For more information, contact MI Student Aid at mistudentaid@michigan.gov 1-888-447-2687 or @mistudentaid on Facebook, Twitter, Instagram, and Snapchat.

Reporting for WGRT – Jennie McClelland