Financial Aid Applications Spike

Applications for financial aid have spiked 30 percent since last year in North Carolina as more students seek help amid the economic recession.

The News & Observer of Raleigh reported Monday that this year's March deadline could be more important than ever. North Carolina is expected to offer about $300 million in need-based aid this year.

The Free Application for Federal Student Aid, or Faffs, are the forms students and their parents must fill out to apply for aid. The forms can be bewildering, so experts are fanning out across the state this weekend to help.

College Foundation Inc. spokesman Ben Kittner said experienced financial aid professionals will volunteer Saturday. Kittner said the "earlier you do it, the better off you are because there's a finite amount of money."

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  • by Crystal Location: Chocowinity on Feb 18, 2009 at 06:56 AM
    I really hope they do something about this. I am 12 classes away from having my Bachelors Degree. Without the financial aid, I wouldn't be able to go. WHAT HAPPENED TO THE LOTTERY GOING TOWARDS EDUCATION??
  • by Jess Location: Wayne on Feb 16, 2009 at 07:52 AM
    I hope I can get some financial help for college! Without help, I will be unable to go!
  • by Barlow Location: Winterville on Feb 16, 2009 at 05:40 AM
    These types of loans and grants are the only way working class students can get a college education. I still had to work while in college, and it took years for me to pay back my loan(s), but I could not have got through without it. For the most part, a college degree also means a higher level of income, than those without so the govt. collects more tax money. An example of a govt. program which helps everyone involved when its administered correctly

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