Key Points

  • Even as the economy falters, the number of college-bound students applying for financial aid falls.
  • If you’ve experienced financial hardship, it’s not too late to fill out the FAFSA or amend the form you previously submitted.

This year, students may need extra help to make college a reality. Because of the coronavirus crisis and sky-high unemployment rates, fewer than half of families feel confident in their ability to meet the costs of higher education, according to education lender Sallie Mae.

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