How to Finance College and Your Apartment: FAFSA

Article & Photo by Azadeh Shemirani

 

 

 

 

 

 

 

 

 

 

After surviving the first month of classes, the last thing on your mind is how to finance your education and other costs (including housing!) for next semester. If you are planning on attending UWM for the fall 2017 semester and/or spring 2018, this is something that you should be thinking of. If you rely on financial aid to cover your tuition and/or housing, now is the time to file your Free Application for Federal Student Aid (FAFSA), UWM Financial Aid applications, and scholarship applications. To ensure that you will have the necessary aid for the upcoming fall and spring semesters, all UWM Financial Aid applications must be submitted no later than May 1, 2017. This may seem like a long time from now, but there are a lot of necessary documents to gather (or documents from your legal guardian) in order to submit your FAFSA. The final date to submit a FAFSA is June 30, 2017, but the sooner you get your FAFSA in the better because some programs run out of funding.

Aside from submitting your FAFSA and scholarship applications, you should also plan on filing your taxes (you might even get a refund). If you need help filing your taxes, Beta Alpha Psi, UWM’s Accounting organization is offering free tax preparation assistance for students.  They will be at Cambridge Commons from 10am-2pm on March 4 & 11 and on April 1 & 8.

Another way to finance your education is through a Work Study program. Filing a FAFSA helps the Financial Aid Office determine if you are able to qualify to earn income through the Federal Work Study program. Due to limited funding, work-study is offered to approximately 500 UWM students. Even if you do not qualify for Work Study, getting an on-campus job is a great way to meet new friends and make some extra money for school.