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Students urged to complete their FAFSA now

10/10/2017
 
MONMOUTH, Ill. – Students who plan to attend college during the 2018-19 academic year may now file their Free Application for Federal Student Aid, also known as FAFSA.

The first date to file a FAFSA was Oct. 1, which is three months earlier than it has been in the recent past.

“In past years, students would have waited until Jan. 1 to file a FAFSA,” said Jayne Schreck, Monmouth’s associate vice president for student financial planning. “Last year, the federal Department of Education changed the timeline and associated calendar. Making the FAFSA available earlier allows prospective students more time to contemplate their enrollment options.

“However,” said Schreck, “this means that funding available to all students – both new and returning – for the 2018-19 academic year, which is awarded on a first-come, first-served basis, will be exhausted even earlier than in past years.”

Schreck said the new timeline is of particular importance to students who might qualify for a grant from the Illinois Monetary Award Program, also known as MAP.

“All students are encouraged to file their FAFSA as soon as possible to avoid any unintentional loss of funding,” Schreck said.

For more information, contact the College’s Financial Aid Office at finaid@monmouthcollege.edu or 309-457-2129. The office is located in the lower level of the Admission Building at 700 East Broadway.