Even well-off families may be in line for some financial aid. Plus, it could boost your odds of acceptance.
Many middle class families don’t want to bother with the Free Application for Federal Student Aid, known to its friends as the FAFSA, because they have heard that only students from families earning less than about $50,000 get federal grants.
But the FAFSA also qualifies students of all income levels for lots of other financial aid that is awarded no matter how much, or little, the family makes.
Here are three reasons that even the wealthiest families should fill out a FAFSA:
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