If you are one of the many college students who needs help paying for college, there’s an important date in your near future: March 1, 2012. Why is this date important? Well, if you want to receive government funds to help pay for you education, you need to have filled out and submitted the FAFSA by this date in order to qualify for the 2012-2013 school year.
What is the FAFSA? FAFSA stands for Free Application for Federal Student Aid and is a federal scholarship for students. Many students qualify for this need-based aid, but you must reapply for it each year in order to receive the money.
In the past, the FAFSA had a reputation for being overtly difficult to complete. Recently, the FAFSA received a makeover, which makes it easier to understand and complete; however, some people still have trouble with it the first time they fill it out.