The time to file the FAFSA to obtain financial aid for college next year is fast approaching. In advisory today, Thursday, December 8, 2011, seniors at Freeman High School will receive handouts about the financial aid process; learn about filing deadlines, and how to go about getting assistance to pay for college.
If there is any doubt about going on to college these days, look at some sobering statistics:
- Students that finish high school but do not go on to college, experience a 30% higher unemployment rate than those that go on to receive an Associate degree and a 46% higher unemployment rate than those that receive a Bachelors degree. Those that do not go on to college also earn nearly 20% less annually than those that have an Associate degree, and 43% less than those with a four year degree.
- While college is expensive, in the long run it does pay. The financial aid process of filing the FAFSA helps students obtain grants, work-study, loans, and need based scholarships. Without filing the FAFSA on time, students and parents will not have access to all of the financial assistance needed to attend college.
- Students can file the FAFSA and have the information sent to several colleges to determine which school will be offering the most advantageous aid package. But if the filing deadline is missed, it becomes more difficult to obtain all of the aid needed. This recent economic downturn has created many doubts about going on with education, but we know that over 65% of the job growth anticipated in our country will require some level of post-secondary education. "By not going on in education, students may betrapped in lower earning jobs and experiencing more unemployment over their lifetime.
Parents who need assistance about financial aid, please contact Mrs. Hamma at (509) 291-3721 ext. 226.
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