August 16, 2022

Louisiana Students Rank Highest on FAFSA Completion

Louisiana Students Rank Highest on FAFSA Completion

Once again, the National College Attainment Network (NCAN) has determined that Louisiana holds the top spot in the nation for the amount of high school seniors who have completed the Free Application for Federal Student Aid (FAFSA), according to the Louisiana Department of Education.

FAFSA is a free application that provides the federal government with the financial information needed to determine what loans and grants a student qualifies for. It’s the only way a student can receive federal funding. Included in the FAFSA are all forms of financial aid provided by the federal government, like Pell grants, federal student loans, and work-study programs. Louisiana graduates wishing to receive priority consideration for the Taylor Opportunity Program for Students (TOPS) scholarships must also complete the FAFSA. Aside from this, many colleges and states, and even private financial aid providers, use the information from FAFSA to determine eligibility for aid.

Despite how important the FAFSA is, an analysis of federal student aid data conducted by the National College Access Network (NCAN) estimates that over $3.75 billion of federal aid was left unclaimed by the high school class of 2021 across the nation, which is a direct result of not completing the FAFSA. NCAN estimates that 813,000 of the 1.7 million students who didn’t submit the FAFSA would have been eligible for financial aid, in particular Pell grants, if they had only completed the application.

According to Bill DeBaun, NCAN’s director of data and evaluation, many students think college is out of reach because they can’t afford it. However, they may not realize how much federal aid they qualify for and they won’t unless they complete the FAFSA. “Requiring the FAFSA for high school graduation puts it more prominently on the radars of district and school practitioners, and also students and families; it’s a clear signal states are sending that FAFSA completion is important, and also that considering a postsecondary pathway is also important,” said DeBaun.

 In light of how important the FAFSA is, Louisiana was the first state to make completing the application a graduation requirement. Since making this change in the 2017-2018 academic year, several other states have done the same. In order to graduate, seniors must complete one of four forms: the FAFSA, an opt-out form, a waiver, or a state merit scholarship form that requires no information about family finances.

 A completed FAFSA application isn’t just important to students; the information gathered from them is used to determine a significant amount of postsecondary funding. Because of this, Louisiana’s Office of Student Financial Assistance (LOSFA) runs monthly error reports on submitted applications. The reports can identify missing information so that the office can notify students of the errors and can then help them to fix them.

To make filling out a tedious and boring form more “fun,” some Louisiana state officials have turned the completion of the FAFSA into a friendly competition among high schools.  The state has taken to providing FAFSA workshops and seminars and have even set up tables to fill out the forms at various social events, like sports tournaments. Every month, the school with the most FAFSA gains is announced and those students have bragging rights until the next month’s winner is determined.

Getting students excited about paperwork isn’t enough though, so Louisiana provided trained staffers to guide and support school counselors. Louisiana also sent state workers from the Department of Education and the Office of Student Financial Assistance to all corners of the state to help with any events that might increase the amount of applications completed. They also held virtual workshops via Zoom during the pandemic.

All of this hard work paid off when it was determined that 66.5 of Louisiana’s Class of 2022 had submitted the form, the highest percentage in the country. This was determined by NCAN, who uses a tracker to count applications that are fully completed and processed. More completed applications mean more financial aid reaching the students who need it most.

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