10 Reasons not to file a FAFSA

Cliché:  I don’t need this.    
POCS Reality: The FAFSA is a Free Application for Federal Student Aid for eligible students seeking help to pay for college.


There are billions of dollars in federal financial aid available for eligible students to help pay for college if they ask for it but not everyone wants to submit a FAFSA (Free Application for Federal Student Aid). Despite the urgings to apply for aid from government, college and private advisors, there are those that fail to file.

Here are 5 good reasons why not to file a FAFSA:

  1. You can afford all college costs; you don’t want/need more money.

  2. You don’t qualify for free money.

  3. You don’t want a student loan.

  4. Even if offered, you wouldn’t accept a Federal Work/Study job.

  5. Your college awards merit money to students without regard to financial need.

Here are 5 bad reasons why not to file a FAFSA:

    6.  The FAFSA is too complicated.

  1. You are too busy.

  2. You assume you don’t qualify for need-based aid (but don’t really know).

  3. You want to increase your admission chances (but without aid cannot attend).

  4. Your tax returns aren’t completed yet.

Visit my colleague Suzanne Shaffer (Parents Countdown to College Coach) for 10 Reasons To File a FAFSA. Suzanne is a college prep expert and online college-bound “coach” helping parents navigate the college maze with the proper tools/resources including a FREE parent tips newsletter.

 POCSmom’s College Prep DIY Insight: If you don’t want or need money for college, do not apply for financial aid. If you do want aid, apply as soon as possible because some colleges give out their own funds to the early birds, first. Students may be eligible for funds from their state’s financial aid program but only if they file a FAFSA first. Colleges determine their own formula for distributing institutional funds and some use a need-merit combo requiring a FAFSA. When filing early in January/February, use income estimates and update your FAFSA after your income tax forms are filed. There are billions of dollars of financial aid available. If you don’t ask for financial aid, you better have a good reason not to file a FAFSA.

3 thoughts on “10 Reasons not to file a FAFSA

  1. Please only try to get a grant of full payment of some sort… NOT A LOAN. You will end up like me, a 27 year old harassed daily by student loan agents. You will become a financial slave to the federal bank. Please consider this thoroughly. Thank me later.

  2. Pingback: 10 Good reasons to file the FAFSA - Parents Countdown to College Coach

  3. Pingback: 5 financial resolutions the college-bound should make | POCSmom's Insights

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>