Many activists give a recent proposal to college for free.
Differences with NerdScholar, about $ 2900000000 of federal grant money that is not taken after high school are eligible for Pell Grants
- Which does not have to be repaid
- Negligent to complete the Free Application for Federal Student Aid (FAFSA) in the last academic year.
FAFSA
Federal Pell Grant money says NerdScholar, branch-higher education financial literacy site NerdWallet, found that 47% of high school graduates in the nation missed the Federal Pell Grant money.
Students who qualify can receive a maximum amount of $ 5,645 in Pell Grant awards in the 2013-2014 cycle of the application.
Pell-requisite number of graduates who did not complete the FAFSA amounted to 821 041 students nationwide. In California alone, more than 100,000 seniors do not apply for the FAFSA and, as a result, missed out on the $ 396,401,205 potential Pell Grant aid. In NerdScholar analysis,
"I was not surprised when I saw a total of as much as I was surprised when I saw only the number of students who did not fill out the FAFSA," said Gianna Sen-Gupta, the author of the study.
"It's surprising to know that there are scholarships out there to help support children, but children who do not take the effort to apply these scholarships," said Vaibhav Dhatta, a student at Babson College and a mentor in Moneythink, peer mentoring program volunteer training colleges to talk with high school students about financial education.
Many believe the problem is that the application process is time consuming and often confusing which includes more than 100 questions.
In fact, last year Congress proposed the initiative to simplify the process. Senator Lamar Alexander (. R-Tenn) and Sen. Michael Bennet (. D-Colo) introduced a bipartisan bill, Financial Aid Simplification and Transparency Act, which would shorten the FAFSA form
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