why do you hate free money?


High School Grads Failed To Claim $2.7B In College Grant Money Last Year

If you’re planning to attend college in the fall but haven’t gone through the not terribly difficult process of filling out a Free Application for Federal Student Aid, you’re potentially giving up your chance to claim thousands of dollars in free money. But you wouldn’t be alone; a new analysis shows that U.S. students failed to claim upwards of $2.7 billion last year because they didn’t take the time to fill out a piece of paper. [More]

(Great Beyond)

College Students Leaving $3B In Grant Money Unclaimed By Not Filing FAFSA

College students and financial supporters of college students: Remember when we told you at the end of the year that you needed to get your Free Application for Federal Student Aid in ASAP? Maybe you pinned it on the cork board in the kitchen or made a mental note that disappeared as soon as you had to remember the finer points of the infield fly rule. It’s because people didn’t get around to filing their FAFSA that there are billions of dollars in unclaimed grant money just sitting around gathering dust like that post-it note on which you wrote “File FAFSA. Buy bread.” [More]