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Early Augest:
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Continue the college application process. You and your
familly should meet with your guidance counselor to become familiar with
the college admissions and financial aid processes. Some universities
and colleges have fall deadlines while others are in the spring. Setting
up a calendar with all the various tasks and deadlines associated with
the application process will be very helpful to submit paperwork on time.
Set aside plenty of time to draft, edit, and re-write application essays.
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December:
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Begin researching the Free Application for Federal Student
Aid (FAFSA) available through your high school or on the Internet at the
U.S. Department of Education site (www.ed.gov). The site will also provide
financial aid and eligibility information and can calculate an estimated
financial aid package.
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Work with your parents to complete the FAFSA form on or
as soon after January 1 as possible. Send it no later than Fevruary 1
to be considered for the maximum amount of available awards. You should
receive the Student Aid Report (SAR) from the financial aid processor.
If you have not received your SAR within four weeks after you file your
FAFSA form, call 1-800-4FED-AID to inquired about your applicaiton status.
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June:
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Devise a budget with your child and determine how much
will be covered by financial aid, how much you'll provide, and how much
your child will contribute by working and/or borrowing.
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