Need further assistance or have FAFSA questions?
Susan Brown
Manchester/Oelwein RAMS Center Supervisor
[email protected]
844-642-2338 Ext.7102
If you’re a senior planning for college (or the parent of one), you will need to file the Free Application for Federal
Student Aid (FAFSA). Filling out FAFSA is one of the first major steps in college preparation and the planning
process. It is important to complete the FAFSA as soon as it becomes available as some types of financial
aid may run out if you wait until the last minute to apply.
FAFSA is a free form that may be completed without professional assistance via paper or electronic forms
provided by the U.S. Department of Education. If you are filling out FAFSA and looking
for free FAFSA support, please contact NICC at the Manchester Center:
The FAFSA is a Free Application for Federal Student Aid that may be completed electronically without professional assistance at
https://studentaid.gov/h/apply-for-aid/fafsa
What is Financial Aid?
Financial aid is comprised of different types of funding from different sources to help students and their families pay for the total cost of attending college. There are four main sources of financial aid; Work Study, Scholarships, Loans, and Grants. Three of these four sources are determined when families file the Free Application for Student Aid (FAFSA) which is available to be filled out October 1st , 2022 and will qualify students for aid for the 2023-2024 school year. Parents will use their 2021 tax returns. For more information please visit: https://fafsa.gov/options.htm
Types of Financial Aid
Scholarships |
Grants |
Loans |
Work-Study |
Money that does not have to be repaid and may be awarded on the basis of need or it may be given for academic achievement or talent. Students may also see private scholarships through websites, colleges etc. Local scholarships are listed on our WD website.
|
A monetary aid award given to a student that does not have to be paid back (FREE MONEY)! The terms "grant" and "scholarship" are often used interchangeably but grants tend to be awarded solely on the basis of financial need, identified through the FAFSA.
|
This is money that MUST be paid back with interest. Most education loans have a lower interest rate than commercial loans and do not have to be repaid until college is completed. There are a variety of commercial sources for loans as well, these are often called private loans.
|
An arrangement by which a student combines employment and college study. The employment may be an integral part of the academic program or simply a means of paying for college.
|
Resources
Helpful Tips and information regarding the FAFSA through AffordableColleges.com
|
|