IT’S THAT TIME OF YEAR AGAIN…WHEN FAMILIES WITH COLLEGE STUDENTS NEED TO MAKE SURE THEY GET THEIR FREE APPLICATION FOR FEDERAL STUDENT AID FILED.

ONE OF THE MOST COMMON MISCONCEPTION IS THAT ONLY LOW INCOME FAMILIES SHOULD FILL OUT THE FAFSA. BUT JACQUELINE MORENO WITH THE ILLINOIS STUDENT ASSISTANCE COMMISSION SAYS EVERYONE WITH KIDS IN COLLEGE SHOULD FILE THE FORM, EACH YEAR.

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ANOTHER MISTAKE PEOPLE MAKE IS WAITING TO COMPLETE THE FAFSA UNTIL AFTER THEY FILE THEIR TAXES. SINCE AID IS DOLED OUT ON A FIRST COME, FIRST SERVE BASIS, MORENO SAYS YOU CAN ESTIMATE YOUR TAXES.

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MORENO SAYS FAMILIES SHOULD FILE THE FAFSA FIRST THING EACH YEAR, SINCE AID IS GIVEN OUT ON A FIRST COME, FIRST SERVE BASIS. FIND THE FORM AT: FAFSA DOT ED DOT GOV.