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The US Department of Education made the FAFSA available earlier to more closely align the timing of the financial aid application process with the typical college application process. [7] The FAFSA Deadline Act in 2024 made the October availability date part of the law. [8]
The CSS Profile, short for the College Scholarship Service Profile, is an online application created and maintained by the United States–based College Board that allows incoming and current college students to apply for non-federal financial aid. It is primarily designed to give member institutions of the College Board a comprehensive look at ...
To apply for federal financial aid, students must first complete the Free Application for Federal Student Aid . The financial aid process has been criticized for its part in enrollment management, whereby students are awarded money not based on merit or need, but on the maximum the student families will pay. [1]
College Navigator is a "free consumer information tool designed to help students, parents, high school counselors, and others get information about over 7,500 postsecondary institutions in the United States - such as programs offered, retention and graduation rates, prices, aid available, degrees awarded, campus safety, and accreditation."
A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions.
Indeed, according to Fidelity Investments’ 2024 New Year’s Financial Resolutions study, two-thirds of Americans are considering a financial resolution for 2024.