A Few Financial Aid Mistakes to Avoid
According to the U.S. News (“5 Costly Financial Aid Mistakes Community College Students Make”), there are a few tips that all future college students should keep in mind to avoid missing out on available financial aid.
The biggest mistake that some students make is not submitting their application for the FASFA. The FASFA is available by January 1, but some students neglect to give themselves the proper amount of time needed to complete it.
Another mistake students make is taking on a heavy courseload to qualify for some types of financial aid. This strategy can backfire if the student ends up dropping a course, since that will have a negative effect on financial aid.
Whether a part-time community college student or a full-time student at a 4-year university, all students should pay close attention to their financial aid to prevent any monetary missteps that would impact their education.