The #1 Financial Mistake Most College Students Make
Jan 20, 2023Yes, college can be an exciting place to learn and to grow into the best version of yourself, but it's also where you would want to not make this one financial mistake.
That financial mistake is to not take advantage of the available financial aids to pay for all or a large portion of your education costs. Remember, a dollar saved is much more than a dollar earned and any money and time saved can be put towards building more of your personal equity.
There are many reasons why college students don't take advantage of financial aid, and the main reason being awareness!
If you don't apply for student aid in the form of scholarships, federal loans, and/or dual degree programs, you will miss your chance at valuable financial benefits. So please take the time to fill out the free Student Aid Application (FAFSA). This will help you get explore all the funding options for your college expenses.
Please also pay attention to the deadline for submitting this FAFSA application. Start looking for scholarships early. Be sure to know the checklist of documents required to apply for financial aid. Yes, it can be overwhelming, but keeping your paperwork in order can prevent problems as doing so will reward you with a lot of free money. Your time invested will yield you great money in return.
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