I don't qualify for aid. Should I apply anyway?​
Yes. Many families mistakenly think they don't qualify for aid and prevent themselves from receiving financial aid by failing to apply for it. In addition, there are a few sources of aid such as an unsubsidized Stafford and PLUS loans that are available regardless of need. The FAFSA (Free Application for Federal Student Aid) is free. There is no good excuse for not applying.

Do I need to be admitted to a school before I can apply for financial aid?
No. You can apply for financial aid any time after October 1.  To actually receive funds, however, you must be admitted and enrolled at the university. Scholarship awards from colleges and universities are sometimes based on financal need, so complete both the FAFSA and any scholarship forms to open up the best opportunities.  Scholarship deadlines may vary, so check with the school of your choice for details.

Do I need to apply for financial aid every year?
Yes. Most financial aid offices require that you apply for financial aid every year. If your financial circumstances change, you may get more or less aid. After your first year you will receive a "Renewal Application" which contains pre-printed information from the previous year's FAFSA. Note that your eligibility for financial aid may change significantly, especially if you have a different number of family members in college. Renewal of your financial aid package also depends on your making satisfactory academic progress toward a degree, such as earning a minimum number of credits and achieving a minimum GPA.

Financial Aid ResourcesUltimate Guide to the FAFSA: http://www.moneygeek.com/education/college/resources/fafsa-guide/
Graduating Without Debt: http://www.moneygeek.com/education/college/resources/debt-free-college-education-guide/
College Savings Plans: http://www.moneygeek.com/education/college/resources/college-savings-plans-guide/