First things first: In the form's acronym lies the secret to avoiding the money pitfalls--FAFSA is short for "FREE Application for Federal Student Aid." Yeah, I know, filling it out is time-consuming, but it's doable. It's also complex and requires information that you're going to have to bird-dog, but it is free.
In almost every modern industry, technology is changing the way that users access information. GPS-based applications like Waze provide commuters with real time, crowd-sourced traffic updates, while websites like E-Trade and Yelp give consumers unprecedented transparency into the financial and restaurant worlds, respectively.