FAFSA, why bother if I'm reasonably sure I won't get need Forum

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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Sauer Grapes

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FAFSA, why bother if I'm reasonably sure I won't get need

Post by Sauer Grapes » Mon Jan 11, 2010 5:36 pm

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Last edited by Sauer Grapes on Sun Aug 22, 2010 4:44 pm, edited 1 time in total.

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OGR3

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Re: FAFSA, why bother if I'm reasonably sure I won't get need

Post by OGR3 » Mon Jan 11, 2010 5:37 pm

Do you need loans? If so you need to fill out the FAFSA.

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Onion

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Re: FAFSA, why bother if I'm reasonably sure I won't get need

Post by Onion » Mon Jan 11, 2010 5:39 pm

Anyone who needs any loans has to fill it out?

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OGR3

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Re: FAFSA, why bother if I'm reasonably sure I won't get need

Post by OGR3 » Mon Jan 11, 2010 5:44 pm

Federal loans, yes.

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Onion

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Re: FAFSA, why bother if I'm reasonably sure I won't get need

Post by Onion » Mon Jan 11, 2010 5:49 pm

Crap... if i did not fill that out and told schools I was not going to can I still do it? Is it too late to do? Do i need to let schools know?

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Sauer Grapes

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Re: FAFSA, why bother if I'm reasonably sure I won't get need

Post by Sauer Grapes » Mon Jan 11, 2010 5:51 pm

....
Last edited by Sauer Grapes on Sun Aug 22, 2010 4:44 pm, edited 1 time in total.

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OGR3

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Re: FAFSA, why bother if I'm reasonably sure I won't get need

Post by OGR3 » Mon Jan 11, 2010 5:58 pm

Definitely not too late to do, it only became available January 1st. Get it in by mid-February and you'll be fine. It shouldn't hurt your chances at any schools, many very intelligent people don't understand the student loan system. It's very rare to have people who will not need some form of financial aid. Just be upfront with them, either way they're getting paid, whether it be from out of your pocket, through the federal government or private loans. It's much better to fill out the FAFSA and not need loans than it is to not fill it out and realize your savings have dried up by the middle of your first year.

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