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Dice Financial Services Group
1716 N. Sanborn Blvd, PO Box 790
Mitchell, SD 57301
Phone: 605-996-7171
Toll Free: 800-658-3603
Website: www.dicefinancial.com
September/October 2018
Time to File That FAFSA
The Free Application for Federal Student Aid (FAFSA),is the form that parents of college students must complete each year to see if their student qualifies for federal grants, loans, and work-study funds.
Most colleges, states and foundations refer to the FAFSA when determining who gets their scholarship money. Filing a FAFSA also automatically qualifies you for low-cost federal student loans of at least $5,500 a year.
Earlier Filing Date
If you had a child graduate college at least two years ago and you have another who will enter college in September 2019, you may not be aware of the new FAFSA submission date.The first day you can file the federal government’s Free Application for Federal Student Aid (FAFSA) for the 2019–2020 school year is October 1, 2018, which is earlier than in the past. Filing early may give you access to aid that might not be available later, but you have until June 30, 2019 to file for the same school year.
Tips for Success
Applying for the FAFSA isn’t a picnic, but you can get the most from this annual rite of passage for college students and their parents by avoiding common mistakes like not signing the application and leaving fields blank.Also consider using the online IRS data retrieval tool, which you’ll find at fafsa.ed.gov, to transfer information from your federal tax return to the FAFSA. Filing your FAFSA online not only gives you access to this tool, but to online application checks that can help you file accurately.
Student financial aid is usually available on a first-come, first-serve basis, so file early and accurately.
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Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Insurance Services offered through Dice Financial Services Group.
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