The decision to attend college is a big one for a lot of people, once this big decision is made they then have to deal with the stress of making it happen. Applying for financial aid can be a long, intimidating process for new students. Alex Djerassi, a founder of Mos.com, enjoys helping students persevere over loans. A lot of people end up not going to college at all because they simply find the process of applying to be too hard. That’s where Mos.com comes in. This web site helps take some of that stress off of people so that they can more easily apply for financial aid. While this might not be useful to everyone, it definitely is a help for a lot of people. Especially people who are completely new to the FAFSA application process.
Mos has a simple process to help applicants get the financial help that they need for school. The application process takes roughly 20 minutes, and the questions are simple. Just simplifying the process will mean more people will make it to their first class. Once this application process is completed, Mos.com takes it from there. The applicant is assigned an advisor. The advisor helps find all of the loans that an applicant might qualify for, this will save potential students a lot of time and stress. Just having an advisor, or someone to talk to through this process makes life so much easier for applicants. The advisors work closely with the applicant to match loans with their income and finance level. People tend to often fall short on the financial aid they accept, or they take out much more than they need resulting in larger loans to pay back after school is over. People also tend to not understand what it means to take out such a large amount of money to pay for their schooling. With an advisor, people can more easily understand what it means to borrow money for college. With an advisor’s help, people are also able to ask more questions and figure out what is best for them.
Mos also keeps track of all of the deadlines that people have when applying for school and the assigned advisor will remind the applicant so that no deadlines are missed. This seems simple, but missing a deadline means missing out on the opportunity to attend school. There is nothing more stressful than heading to class and getting a notice that a mistake was made on the FAFSA application. When mistakes like this happen, it could mean they can’t take the classes they have currently selected, and the set time for graduation is pushed back. Mos makes it so that fewer mistakes are made and that this can be completely avoided so that less time is wasted for the person applying. Mos.com Is a great website for first-time appliers for financial aid, more people might apply for aid with the use of this site. It is likely, however; that experienced students might not find it as useful. Many like Alex Djerassi believe that students should have to live without the fear of paying off loans.