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You are here: Home / US Student Loan Center / Student Loan Repayment Plans / 6 FAFSA Mistakes To Avoid

6 FAFSA Mistakes To Avoid

July 21, 2017 by Emma Woods Leave a Comment

Although millions of FAFSA applications are filed every year, there are still a lot of FAFSA mistakes.

Some of these mistakes are so careless, and they lead to a missed FAFSA deadline and ruin one’s chances of getting a good student loan deal.

You won’t ever have to worry about this if you know the most common FAFSA mistakes to avoid.

This article has everything you must keep in mind.

FAFSA Mistakes to Avoid for a Successful Application

Infographic | 6 FAFSA Mistakes To Avoid
Click here to enlarge

1. Not Completing the FAFSA

Not Completing the FAFSA | FAFSA Mistakes to Avoid for a Successful Application

  • FAFSA takes 23 minutes to finish
  • You could save thousands each year

Of all the FAFSA mistakes, this is the single most important thing you have to avoid.

Simply make sure you fill out the entire form. It’s the responsible thing to do.

2. Procrastinating

Procrastinating | 6 FAFSA Mistakes To Avoid

  • Need-based financial aid may be distributed on a first come, first-served basis
  • Apply early for grants, loans, and work-study opportunities
  • Complete your taxes first

Filling out the form is one thing, but filling it out on time is another.

Do not let simple FAFSA mistakes like this get in the way of your college education.

3. Opting Out of Work Study

Opting Out of Work Study | FAFSA Mistakes to Avoid for a Successful Application

  • Don’t turn down a job opportunity on campus
  • Students make an average of $1,524 per year

It’s never too early to start earning for repaying your student loans.

Do no opt out of work study.

Avoiding this FAFSA mistake will have good long-term results.

4. Not Reviewing Before Submitting

Not Reviewing Before Submitting | 6 FAFSA Mistakes To Avoid

  • Double-check all your answers
  • Make sure answers match questions

You’ve completed the form up to the best of your capability.

It won’t hurt to go through it one more time so your efforts are not wasted by incorrect answers.

5. Reporting Incorrect Information

Reporting Incorrect Information | 6 FAFSA Mistakes To Avoid

  • Don’t disqualify yourself by reporting inaccurate information
  • Double-check to make sure you only include the information requested
  • FAFSA requires a federal income tax figure

Answer the FAFSA form honestly and to the best of your knowledge.

Of all the FAFSA mistakes, reporting incorrect information is the gravest.

6. Submitting Without Your Signature

Submitting Without Your Signature | 6 FAFSA Mistakes To Avoid

  • Review your application before submitting
  • Remember to include your signature
  • Have your parents sign their portion

As with all official documents, your FAFSA application needs your signature.

No application will go through without this important component.

Check out this video to find out how you can budget smartly!

Do you know any other FAFSA mistakes one must avoid? Let us know in the comments section!

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Filed Under: Student Loan Repayment Plans

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