FAFSA is Live
FAFSA is Live
At Connected Credit Union, we're committed to helping our members achieve their educational goals. That’s why we're excited to inform you that the Free Application for Federal Student Aid (FAFSA) for the upcoming academic year is now available. The process typically takes 30 minutes to complete once you have all the necessary information ready.
If you need additional funding after exhausting grants, scholarships, and work-study, consider federal student loans. If federal student loans don't cover the entire cost of attendance, private student loans can be used as a supplement. If you have any questions or need help with the financial aid process, our friendly and knowledgeable team is here to help you every step of the way. Thank you for being a valued member of Connected Credit Union. We wish you the best of luck in your academic pursuits.
What is the FAFSA?
The FAFSA allows you to apply for federal student aid to cover college expenses such as tuition, books, and housing. The U.S. government and many colleges use the FAFSA to determine your eligibility for grants, loans, and work-study programs. Completing the FAFSA is the first step in financing higher education.
When do I need to submit the FAFSA?
The federal deadline gives you until June 30th of the following year to submit. However, the FAFSA deadline varies by state and school, so it's important to check with your school's financial aid office for their specific deadline. To ensure that you receive the maximum amount of financial aid you're eligible for, we encourage you to submit your FAFSA as soon as possible, as some financial aid programs are awarded on a first-come, first-served basis. Here are some key dates to keep in mind as you start the financial aid process:
October 1st, 2024: The FAFSA for the upcoming academic year is available. Since some aid is given out on a first-come, first-served basis, you should file the FAFSA as soon as possible on or after Oct. 1. Students who file the FAFSA within the first three months (October, November and December) tend to receive more than twice as much grant funding, on average, as students who file the FAFSA later.
School Deadline: Each college has its own deadline. Check with the college(s) you’re interested in attending to ensure that you get everything submitted on time.
Spring 2025: Sometime between March and June, you'll receive your financial aid award letter from your school, which outlines the types and amounts of financial aid you're eligible to receive. It's important to review this letter carefully and consider all of your options before accepting any financial aid offers.
Disclaimer: Any reference made in this blog to a specific product, process, or service does not constitute or imply an endorsement by Connected Credit Union of the product, process, or service, or its producer or provider.
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