If you’re thinking about college, you’re probably also thinking about ways to offset the cost of tuition. After all, the average annual in-state, public college tuition in Indiana is $22,010, and the average annual tuition at an out-of-state institution is $25,280. You’ve likely heard of the FAFSA
, a form required to request both need-based and merit-based financial student aid. Whether or not you think you qualify, it’s important to submit a FAFSA every year throughout your college career. The government awards more than $125 billion in student aid annually—including loans, scholarships, grants and more—so you may be eligible for more than you think. Farmers State Bank is here to help you navigate the process. Read on to learn how it works and what you’ll need.