If you have a son or daughter planning to attend college next fall, now is the time to file your FAFSA scholarship form. The biggest mistake that people make is they wait to complete the application after they have filed federal tax returns. Instead you should fill out the FAFSA form as early as January 1st.

FAFSA stands for Free Application for Federal Student Aid. This form is used to determine the amount of money a family is expected to contribute to the price of attending a postsecondary institution. The results of the FAFSA are used in determining student grants, work study, and loan amounts.

If you have any questions about the financial aid process in college, please contact Rick Oxford, who is a college funding expert at Richard Oxford Financial, and registered with College Funding Solutions.

About

Richard Oxford is a master chef at home and an investment advisor representative with Richard Oxford Financial by day, in Scottsdale, Arizona. You may reach him at rick@richardoxford.com or 602-697-7657.