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InFluential_Magazine_May_June_2017

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Teen<br />

3 Financial<br />

Must-Do’s<br />

FOR<br />

COLLEGE-BOUND<br />

HIGH SCHOOL<br />

FAMILIES<br />

One challenge<br />

looms large for<br />

many American<br />

families as students<br />

approach high school<br />

graduation: how to<br />

pay for college.<br />

kPHOTOGRAPHY COURTESY OF<br />

ND2000 – FOTOLIA.COM.<br />

Financial planning should ideally<br />

begin several years before college<br />

applications are even due. But no<br />

matter what financial preparation your<br />

family has done, everyone planning<br />

to attend college should take these<br />

concrete measures during senior year of<br />

high school.<br />

• Seek Federal Aid. Complete the<br />

Free Application for Federal Student Aid<br />

(FAFSA) as soon as possible. The FAFSA<br />

is your first step to securing financial aid<br />

for college, including federal student<br />

loans, and most state and institutional aid.<br />

Unfortunately, many students don’t realize<br />

they are eligible for such aid, leaving tons<br />

of money (and potential educational<br />

opportunities) on the table. To complete<br />

the FAFSA, visit fafsa.ed.gov.<br />

292 TEEN FLUENTIAL MAY / JUNE <strong>2017</strong>

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