According to NerdWallet.com, unsubmitted or incomplete Free Application for Federal Student Aid (FAFSA) forms contributed to $2.7 billion in unclaimed free federal grant money in 2015. Another study by the Journal of Student Financial Aid surveyed 4,000 students about the potential roadblocks preventing on-time FAFSA completion and found several contributing factors: The application process is too confusing, it’s difficult to get the proper financial information from parents, and students feel that too much information is demanded from them. FAFSA forms are intended to provide additional resources toward funding a college education, but instead, they’re hindering students that need this help the most.
 

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