Gain a Financial Aid Edge
While just about every family is eligible for financial aid, the amount of aid a family receives depends on a variety of factors, including your income and your child’s earnings, net family assets, the number of family members in the household and family expenses. It also depends on how fast your child submits the Free Application for Federal Student Aid (FAFSA), and how you prepare for year-end tax filing.
To gain an edge and increase your financial aid eligibility, it’s important to get your family finances in order now, before the end of the tax year, so your child can submit the Free Application for Federal Student Aid (FAFSA) and place your family among those considered first for student aid.
Financial Aid Tips
Now is the time to assess your family finances and make adjustments to minimize your EFC and maximize your eligibility...
Whether you’re trying to fund your expected family contribution, or financial aid is insufficient to cover the total college bill, there are financial management strategies you can take advantage of...
Student loans are considered good debt because they help students and parents pay for college at a significantly lower cost than other types of funding, and they carry specific borrower benefits...
Bad debt describes the college funding options that carry the highest costs...
College Savings Plans come in two flavors—prepaid tuition plans and Section 529 Higher Education College Savings Plans...
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