February is for Filing Taxes & the FAFSA

bag_of_moneyDid you apply to law school this past fall or just this winter?

Have you heaved a huge sigh of relief?

That’s great if you did but your work’s not finished yet.

February is all about filling.

If you haven’t already, make sure to file your federal income taxes!

As soon as you finish your taxes, file the FAFSA at www.fafsa.gov. File by February 28th, preferably sooner.

The FAFSA is the Free Application for Federal Student Aid. It’s easy to fill out.

Think you don’t qualify for federal aid?

Think again!

Many law school applicants mistakenly think they won’t qualify for aid because their parents make too much money or they are too old, etc. These are myths. In fact, read this helpful handout: Myths About Financial Aid.

Filing the FAFSA is extremely important for getting financial assistance for graduate school.

According to the FAFSA site, “every year, the federal government awards about $150 billion in the form of grants, low-interest loans, and work-study funds to help millions of students pay for college” and graduate school. Also, many law schools use the FAFSA to determine eligibility for nonfederal aid.

Don’t make assumptions about how much or how little money you’ll get. Fill out and submit the FAFSA to find out. Remember, aid is awarded as applications are received.

Don’t waste another minute. File your federal taxes and then file your FAFSA today!

ps. Some law schools also require you to fill in specific financial aid forms for their school, as well as the Need Access Application to be considered for scholarships.

Have questions about financial aid for law school? I’d love to hear from you! I’m here to help. Post your questions below and I’ll respond.