How to 'maximize' college financial aid using the FAFSA.

By The Exchange Team

Families are now paying more attention to college financial aid, whether owing to belt-tightening or federal loan forgiveness.

58% of college-bound parents who didn't expect to apply for federal help have altered their views, according to a new research.

To get aid, students must submit the FAFSA. The 2023-2024 FAFSA season begins Oct. 1; the sooner students file, the better.

Some financial aid is provided on a first-come, first-served basis or from organizations with limited finances.

The FAFSA is the best way to qualify for scholarships and grants, which will help make college affordable.

Scholarships are key to college affordability

Scholarships are an important source of funding, but according to the education lender, just 60% of families use them.

6 in 10 scholarship recipients got them from their school. Average award: $6,335. Most non-scholarship households never applied.