Every year, more than $2 billion worth of free money for college goes unused. But why?
Back in 2018, the federal government wanted to find out why lower-income students neglect to fill out a Free Application for Federal Student Aid. Of students who don’t file a FAFSA, 3 out of 10 said “I thought I wouldn’t qualify” and “it’ll cause me to take on more debt.”
Here’s why both statistics are alarming: More than 44 million Americans owe an average $37,000 student loan tab. Neither reason justifies not trying. To better understand why more Americans are leaving free money on the table, Debt.com wants to drill drown further and ask “Is it hard to apply for FAFSA?”
Let us know what you think for a chance to win a $250 gift card. In the meantime, check out our tips on how to apply for FAFSA…