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    Updated on Jan 22, 2020. Posted on Jan 22, 2020

    Myth Or Fact - FAFSA Edition

    Read the statement and decide if it's a myth or a truth.

    1. “My ethnicity or age makes me ineligible for federal aid, so I might as well skip the FAFSA.”

      Correct! 
      Wrong! 

      MYTH!

      There are eligibility requirements for federal aid, but ethnicity and age are two factors that are NOT considered.

      Via Via Via Via Via Via giphy.com
    2. The FAFSA is free!

      Correct! 
      Wrong! 

      FACT!

      Submitting the FAFSA is completely free. No matter what you might hear, it is FREE to fill out and submit the FAFSA. The word itself stands for “Free Application for Federal Student Aid."

      Via Via Via Via Via Via giphy.com
    3. “I support myself financially, which automatically means I don’t have to include my parents’ information on the FAFSA.”

      Correct! 
      Wrong! 

      MYTH!

      Even if you support yourself and file your own taxes, you may still be considered a “dependent” student in terms of federal aid.

      Via Via Via Via Via Via giphy.com
    4. “I did my FAFSA last year, so I don’t have to do it again.”

      Correct! 
      Wrong! 

      MYTH!

      The FAFSA needs to be completed again prior to every year you plan to attend college, preferably by the March 1 priority deadline to receive the best aid offer available to you.

      Via Via Via Via Via Via giphy.com
    5. “I should wait until I’m accepted into college before I begin the FAFSA.”

      Correct! 
      Wrong! 

      MYTH!

      You can begin the FAFSA as early as October 1 during your senior year of high school. Just list all the colleges you’re considering — it’s OK if you aren’t accepted or don’t apply to all of them.

      Via Via Via Via Via Via giphy.com
    6. “I can submit my FAFSA to as many colleges as
      I’m interested in.”

      Correct! 
      Wrong! 

      MYTH!

      You can list up to 10 colleges or universities on the FAFSA form and can change those at any time. If you don’t end up applying or getting accepted into every one, that’s OK. You will be reviewed for aid after you are admitted to the schools you choose.

      Via Via Via Via Via Via giphy.com
    7. “All federal student aid is just free money.”

      Correct! 
      Wrong! 

      MYTH!

      Federal student aid can include different kinds of assistance, like grants, work-study funds, low-interest loans and more!

      Via Via Via Via Via Via giphy.com
    8. “Students only have to submit the FAFSA to get financial aid, and then they’re done.”

      Correct! 
      Wrong! 

      MYTH!

      Students will need to accept or decline any offered aid, and they may need to submit more documentation as needed after the FAFSA. Students should also apply for other scholarships and grants throughout their college journey.

      Via Via Via Via Via Via giphy.com
    9. “You have to be a star student, athlete or president of a club to receive a scholarship.”

      Correct! 
      Wrong! 

      MYTH!

      Scholarships can be based on academic merit and financial need. But there are also scholarships given based on many other criteria.

      Via Via Via Via Via Via giphy.com
    10. “I can accept my financial aid without making a commitment to attend a school.”

      Correct! 
      Wrong! 

      FACT!

      Accepting financial aid early helps prevent delays in the aid process, but if you choose not to attend a school, you can simply notify them to cancel.

      Via Via Via Via Via Via giphy.com
    11. “Not many students receive financial aid.”

      Correct! 
      Wrong! 

      MYTH!

      About 90% of first-time WVU students receive financial aid of some kind.

      Via Via Via Via Via Via giphy.com
    12. “My family didn’t qualify for aid last year, so I might as well skip the FAFSA moving forward.”

      Correct! 
      Wrong! 

      MYTH!

      Even seemingly small changes to your family’s situation can change the amount of aid you may receive. Your results can vary year to year, especially if your family has more than one child in college. Plus, some state, institutional and private scholarships require a FAFSA regardless of your parents' income.

      Via Via Via Via Via Via giphy.com
    13. “The FAFSA doesn’t ask about whether my parents are U.S. citizens, so I don’t have to worry about their citizenship status affecting my aid.”

      Correct! 
      Wrong! 

      FACT!

      Your parents’ citizenship actually has nothing to do with your eligibility for federal aid. In fact, the FAFSA doesn’t even ask about it.

      Via Via Via Via Via Via giphy.com
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