Students Urged to Apply for Financial Aid by Maryland's Mar. 1 Priority Deadline

FOR IMMEDIATE RELEASE

 

Better FAFSA graphic with logo, 3 students

 

February is Financial Aid Awareness Month 

CUMBERLAND, Md. (Jan. 30, 2024)–Allegany College of Maryland wants current and prospective students to complete their 2024-25 FAFSA (Free Application for Federal Student Aid) by Maryland’s priority deadline of March 1, to maximize their financial aid.

The application is available at www.studentaid.gov/apply-for-aid/fafsa and ACM’s federal school code is 002057.  

FAFSA’s 2023 overhaul helps more students.

The college recommends that all students apply for federal financial aid using the 2024-25 FAFSA, even if they doubt their eligibility or they haven’t received aid in the past.  

  • The FAFSA’s income brackets were expanded for Pell Grants and other forms of assistance meaning that more students may receive aid.
  • As of January 30, the U.S. Department of Education made an additional $1.8 billion of federal aid available by adjusting their aid calculations for inflation.
  • To make it easier for students and their parents, the FAFSA no longer requires applicants to use the IRS Data Retrieval Tool.  

Students can further maximize their aid with help from ACM's experts.  

ACM uses the FAFSA to help students find money for college in the form of federal grants, state-specific scholarships, work-study jobs on campus, and student loans. ACM financial aid experts can help students better understand their financial aid options, answer their FAFSA questions, and even offer advice for budgeting college costs.

In person or virtual one-on-one meetings with the Student Financial Aid Office can be scheduled by calling 301-784-5213 or emailing studentfinancialaid@allegany.edu. 

Parents of dependent students can reach out for help.

Financial aid staff are available to help parents of dependent students navigate their part of the FAFSA process. Parents will need to create or use their own Federal Student Aid ID to complete their child’s FAFSA.  

Allegany College of Maryland’s Student Financial Aid Office is open from 8:30 a.m. to 4:30 p.m. Monday through Friday and located in the College Center.  

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