Why Federal Student Aid is Important
1. Your loans are deferred while in school. It’s true- Federal Stafford Loans offer the luxury of deferring your loan payments while you remain active in school. Pell Grants are even more special if you qualify for them because they don’t need to be repaid. You do need to make sure you keep up your grades to remain eligible if you are receiving them. They are a great benefit offered to many students by the government.
2. It’s possible to miss out on Federal Funding. There are deadlines for completion of the 2013-14 FAFSA and if you wait too long to complete it, you could miss out on any Pell Grant or Stafford Loan money you may have qualified for to help pay for school. For this reason, we want to stress the importance of completing the 2013-14 FAFSA as soon as possible. If you need to file taxes for 2012, please be sure to do that first as tax information is a required part of your FAFSA application.
3. Staying on top of your Financial Aid shows us that you are serious about your education. Each year a new FAFSA application is made available at www.fafsa.ed.gov and is required to be completed by ALL STUDENTS receiving Federal Aid. We know you have chosen Independence University for a reason- because you are committed to being successful and taking control of your future. Completing the FAFSA to ensure your Financial Aid is always up to date is one small indicator of your inner commitment to succeed in whatever you endeavor to do in life.
Please don’t delay. Get started today! We have a Financial Planner dedicated to helping you complete the 2013-14 FAFSA so please contact him if you have any questions: Derek.Fausett@Independence.edu.
Derek Fausett is a financial planner for Independence University.
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