Did you know that lacking a college degree is one of the strongest indicators of poverty? For anyone – but especially for women – education is a powerful way to empower themselves socially and economically so they can have a better life.
But higher education is more expensive today than it’s ever been, and many people feel like they can’t possibly afford the cost of a degree.
Thankfully, there are resources to help, such as the Live Your Dream Education Awards for Women, and the Federal Student Aid Form.
The FAFSA, or Free Application for Federal Student Aid Form, allows prospective college students to receive financial aid to help them attend college.
The aid is provided to cover costs of tuition, board, books and educational expenses. In some circumstances this aid is even awarded as grants, which do not need to be repaid.
It’s worth noting that if you are going to apply for the FAFSA that you should apply early, as some of the government grants are awarded on a first come first served basis.
You can apply online by visiting the U.S. Department of Education’s website, here.
Several big changes to the FAFSA happened this year, including a change in the application window — you can now apply October 1 through June 30.
We’ve produced a handy infographic which lists 8 essential facts you should find useful about FAFSA.
This post was contributed by Personal Income, providing a resource-rich website of experiences, guides, and case studies from experts who can help you reclaim your financial freedom of choice.