When Do Families Apply?
You will first apply for financial aid during your student’s senior year in high school. Most Lutheran colleges request that financial aid applications be submitted in February of the senior year.
A key component of the financial aid application is the Free Application for Federal Student Aid, or FAFSA, available in your public library or in the school counselor’s office, or online at www.fafsa.ed.gov.
Much of the information requested on the FAFSA comes directly from your federal tax return, so if at all possible, you should complete your tax return before the financial aid application deadlines. If this isn’t possible, you should estimate the data requested on the FAFSA in order to meet application deadlines.
Some colleges require additional information, such as the Financial Aid PROFILE. The PROFILE is sponsored by the College Scholarship Service, with registration guides available in high school counseling offices or at:
www.collegeboard.com
You will need to re-apply for financial aid each year your son or daughter is in college. |