The saying goes: "time is money." When it comes to filling out the FAFSA, how much of your time will it take to get that money?

Answer: Under an hour

Photo by Lukas Blazek on Unsplash

Questions:

• What’s the benefit of completing the FAFSA?
• Billions of dollars in federal financial aid are lost by not completing the FAFSA. What do you think are the challenges to completing this important form?
• What is one question that you have about the FAFSA?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Federal Student Aid):

"Most people take less than an hour to complete and submit a new Free Application for Federal Student Aid (FAFSA^®) form. This includes gathering any needed documents or data, completing and reviewing the application, and reading the important information on the "Confirmation" page. You'll receive the “Confirmation” page after you sign and submit your FAFSA form.

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Check out NGPF's Paying for College unit to find resources on the FAFSA and more.

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MOVE: The Net Price of College is an activity that will get your students out of their seat to learn about what they'll actually pay to attend certain schools.

About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.