FAFSA (Free Application for Federal Student Aid) is a form that is used in the United States to determine the eligibility for student financial aid. The typical deadline for students to decide what college they are attending in the fall is already underway, and are beginning to receive their financial award letters from colleges. They can lump both grant and loans into one bulk sum, use confusing language and most baffling of, don't let students know they can negotiate their financial aid directly with the college. An online platform founded by 26-year-old female CEO Charlie Javice, called FRANK, was created to make financial aid more accessible and help students decode ambiguous jargon.
FRANK has a radical vision and a big goal: to make quality education affordable to all by fundamentally shifting the relationship between students and their finances. They offer a service to negotiate financial aid directly with colleges on a student's behalf, something colleges never advertise as a possibility, and simplifies the time-consuming financial aid process for parents and student filing their FAFSA’s. They are assisting students through decoding these letters to maximize financial aid resources that will impact a student for the rest of their financial life.
Over 200,000 students have accounts with FRANK to access resources that help navigate up to $6 billion in financial aid, with more than 62,000 FAFSA’s filed to date. FRANK is creating changes for people by making the federal financial aid process easier to understand and navigate. If you would like to learn more on how they are creating a world where quality education is affordable to all visit their website at www.withfrank.org Keep up to date with Frank by following them on platforms such as Facebook, Instagram, Linkedin or Twitter.