After completing the Free Application for Federal Student Aid, students can take other steps to ensure they get the most money for college possible, according to the Kentucky Higher Education Aid Commission.
“Completing the FAFSA is one of the most important steps students can take in funding their educational future,” said Governor Andy Beecher. “Students should also be aware of other ways they can ensure they are in good financial standing when starting their careers after high school.”
Submitting a FAFSA is especially important for students who expect to receive financial assistance from programs with limited funding or early deadlines.
In the meantime, students should apply for as many scholarships as possible. Thousands of scholarships are offered by schools, companies, and other organizations.
Once students submit the FAFSA, it will take several days for the application to be processed.
Students will receive a Student Aid Report (SAR) summarizing the information from their FAFSA. Students should review the SAR to ensure that the information is complete and accurate. If they need to make changes, they can do so at studentaid.gov under Apply for Assistance.
The SAR will also be sent to every FAFSA college student roster. Students should check with the financial aid offices at the schools they are applying to to confirm that the SAR was received and if the school requires more paperwork.
Students must also contact schools if their family situation changes in a major way after completing the FAFSA. They may be able to request a review from the school to see if they qualify for more money.
KHEAA is a government agency that administers Kentucky Educational Excellence Scholarships, needs-based grants, and other programs to help students pay for higher education. Kentucky lottery money pays for many of these programs.
In addition, KHEAA disburses Premium Education Loans to its sister agency, Kentucky Higher Education Student Loans Corporation (KHESLC). For more information about Advantage Education Loans, visit featureseducationloan.com.
For more information about grants and scholarships in Kentucky, visit kheaa.com, write KHEAA (PO Box 798, Frankfort, KY 40602) or call 800-928-8926.