Submit a new FAFSA every year

By xblackmindx on Sunday, March 8, 2009
Filled Under: Educations

Federal financial aid does not continue year to year. A Free Application for Federal Student Aid (FAFSA) must be filed each year you are in school. Try to file the FAFSA as soon as possible after January 1. You can file online by going to www.fafsa.ed.gov.

Your parents probably will need to complete the parents’ section of the FAFSA.

In general, college students are considered dependents of their parents (in terms of calculating financial aid) until the student has obtained his or her first undergraduate degree or has reached the age of 24. Possible exceptions are students who are veterans, wards of the court, married, single parents, or students with other special circumstances.