HomeFinance NewsPersonal financeBroke College Students Rejoice! Expert Reveals Loopholes for Maximum Financial Aid

Broke College Students Rejoice! Expert Reveals Loopholes for Maximum Financial Aid


Amid the many problems with the new FAFSA, ‘every student’ should appeal for more financial aid, one expert says


The new FAFSA is causing frustration for students and families because it has left many ineligible for financial aid or reduced the amount they receive.

However, this predicament also presents an opportunity to request more aid.

Schools are often willing to consider appeals for additional assistance, even though they do not actively promote this option.

The new FAFSA simplifies the process but also changes how aid is calculated, potentially affecting students with multiple siblings in college or those from wealthier families.

If an aid package does not meet expectations, it is recommended to contact the financial aid office and present relevant documentation or compare aid packages from other institutions.

Schools may be willing to adjust awards based on factors such as additional siblings or competitive aid packages elsewhere, especially at private institutions.

  • Overall sentiment: neutral
  • Positive

    “The new Free Application for Federal Student Aid was designed to improve college access.”

    “This year, those award letters are likely to look a lot different — and those changes open the door for families to ask for more college aid, experts say.”

    “If the new FAFSA impacted you, for example, you no longer qualify for the sibling discount, colleges do have the ability to take that into account.” That is something families can reasonably ask for.”

    “”The first step is always going to be: Reach out to the financial aid office and ask them about their process,” Hubert advised.”


    “Problems with the rollout have left many students and their families frustrated, with fewer students applying overall.”

    “Under the new system, more low- and moderate-income students will have access to federal grants, but the changes will reduce eligibility for some wealthier families.”

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