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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