5 Things To Know About FAFSA

Understanding there isn't just one kind of financial aid.

As the cost of college rises, more families are looking for ways to ease some of that financial burden. Kevin Phillips, Vice President of Enrollment Management at Lees-McRae College, joined us in studio with some tips on how to apply for financial aid.

5 Things you should know about applying for financial aid:

  1. Understand a few basic terms
  2. Know your Expected Family Contributions
  3. Fill Out FASFA
  4. Deadlines Matter
  5. Colleges want help

-Related: Common FAFSA Mistakes that Could Cost You Money