The Free Application for Federal Student Aid or FAFSA is available to anyone who is considering graduate or undergraduate studies in the United States. The FAFSA is used by colleges and universities to determine eligibility for student aid.
Paying for college is challenging enough. Paying for college while saving for retirement can be nearly impossible. There is only so much money to go around. Roth IRAs can be a great way to bridge the gap between paying for college and saving for your own retirement.
Now, as an officially college bound student (or parent of a student) you may be feeling a new sense of anxiety over how to cover the cost of your investment in higher education. The answer is financial aid.
According to a recent analysis by Mark Kantrowitz, Senior Vice President at Edvisors Network and author of "Filing the FAFSA," roughly 2 million students who could have qualified for need-based Federal Pell Grants in the 2011-12 academic year never filed.
Experts who know precisely how the government calculates EFCs say there's one overarching reason for this shock: the formula is so outdated--it's loosely based on a family budget from 1967--that it's no surprise many 21st Century families are astonished when they receive their EFC estimates.
It's that time of year again when families that have a child starting college this coming fall need to complete their Free Application for Federal Student Aid. Don't make the mistake of assuming you earn too much or won't be eligible for anything.
One hundred million students in the developing world lack access to education, blocked from their dreams by only a few hundred dollars. After graduation, the average Vittana student can earn as much as triple their earning power.
The New Year is a time for reflection, introspection, and resolutions. One resolution you should make if you are a high school senior or the parent of one is to get your FAFSA submitted before the end of this month.
What about the tooth fairy? Did she bring you any money this year that you can apply toward the cost of tuition? And exactly how much currency is in your pockets at this very moment? Oh, and do you know, off hand, the value of your grandmother's jewelry?