Tips for Filling out the Fafsa

Filling out the Fafsa can be a pain in the rear. Here are some tips for filling out the Fafsa. They will make the process a little easier. Hopefully it'll help keep you sane during the whole process.

1. Get Your Taxes Done 

Get your taxes done early. You no doubt want to figure out what your estimate is for the pell grant. You definitely want to know what you can get in loans. If you get your taxes done early you don't have to spend the extra time filling the Fafsa out twice. Once with estimates, and the other with the official numbers.

You can take care of your taxes by yourself online at turbotax.com

2. Write Down Passwords

There are a number of passwords that you have to remember and keep track of to get everything signed. Write down your passwords, and parents passwords. You won't have to waste the time creating new passwords if you write them down. 

3. Know Where you Stand Financially

You have to know where you and your family stand financially to fill out the Fafsa. Before you start know these three things about your personal finances. 

1. Your total in savings and checking accounts

2. Your total investments (Not including IRA)

3. What your businesses are worth

Good luck filling out the Fafsa! It can definitely turn into a pain, but if you follow these three tips and use a little common sense it should get a little easier. 

Seth

Twitter: @seth_pickel

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