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Fafsa

FAFSA and the Middle Class

Mary Anna Dennard | Posted 09.17.2014 | College
Mary Anna Dennard

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know precisely how the government calculates EFCs say there's one overarching reason for this shock: the formula is so outdated--it's loosely based on a family budget from 1967--that it's no surprise many 21st Century families are astonished when they receive their EFC estimates.

How to Send Your Child to an Elite Private College for Less Than the Cost of a State School

Scott Weingold | Posted 10.13.2014 | College
Scott Weingold

There can be a huge difference between the sticker price and what a parent actually pays for college.

Thousands Of Students Could Have Pell Grants Taken Away After FAFSA Mistake

AP | Posted 07.24.2014 | College

WASHINGTON (AP) -- Potentially tens of thousands of students awarded a Pell Grant or other need-based federal aid for the coming school year could fin...

FAFSA Fix Will Mean Less Aid for Many

The Chronicle Of Higher Education | Posted 07.24.2014 | College

The U.S. Education Department will automatically reprocess the student-aid applications of tens of thousands of applicants who inadvertently overrepor...

Why We Should Cut The Federal Financial Aid Form From 130 Questions To 2

Business Insider | Posted 07.10.2014 | College

Last month, Senators Lamar Alexander (R-TN) and Michael Bennet (D-CO) announced a draft bill to simplify the process for students seeking federal fina...

Confessions Of An Accountant: 'I Have $130,000 Worth Of College Debt'

LearnVest | Posted 09.02.2014 | Money
LearnVest

My take-home pay is a little more than $3,000 a month -- and roughly 45 percent of that goes toward my student loan payments. When that much of your paycheck is eaten up, something's gotta give.

Competition for Low-Wage Jobs Hurts Kids Looking for Summer Work

Gary Stein | Posted 09.01.2014 | Miami
Gary Stein

High school kids have a far greater chance of having no summer job or even an after-school job than at any time in the recent past. They are being squeezed out of those jobs by college-age and older workers.

Financial Aid Doesn't Always Mean Free

Alexandra Rice | Posted 07.01.2014 | College
Alexandra Rice

The term encapsulates two types of aid: One that is free (grants and scholarships) and one that has to be paid back (loans).

What High School Students (And Their Parents) Can Do to Get the Most Financial/Merit Aid for College

Marjorie Hansen Shaevitz | Posted 06.20.2014 | College
Marjorie Hansen Shaevitz

Where a student attends college, how much it will cost the family, and whether they end up with a little or a lot of debt depends on everyone making college finances a priority. It's never too early to start planning for how to pay for college.

College for the Rich

Adam Kirk Edgerton | Posted 06.14.2014 | College
Adam Kirk Edgerton

Carlos, along with millions of others, is realizing that because of our unwillingness to fund public higher education, the promise of college is a lie.

What to Expect When You're Accepting: A College Cost Checklist for Parents

Beth Kobliner | Posted 05.18.2014 | Parents
Beth Kobliner

As kids across America are celebrating their college acceptance letters, parents of high school seniors are freaking out over the quarter-million-dollar question (as some private school sticker prices hit $60,000): How are we going to pay for it?

Obama Announces Free Application for Federal Student Aid (FAFSA) Help

MyBankTracker | Posted 05.11.2014 | Money
MyBankTracker

Since it was introduced, FAFSA has been simplified. In 2009 it took as much as an hour and half to fill out. Today, intuitive, online software lets parents and students skip irrelevant questions and load financial info directly from the Internal Revenue Service website.

Get More Financial Aid for College

Mike Branch, CFP | Posted 05.05.2014 | College
Mike Branch, CFP

I do not recommend families hide money or game the system to get additional financial aid. However, I do recommend that you know the financial aid rules, work within those rules and adjust your college planning accordingly.

FAFSA, New and Improved?

Kristen Hansen Brakeman | Posted 05.04.2014 | Comedy
Kristen Hansen Brakeman

Everyone hates filling out the FAFSA college financial aid form, and for middle class families it can feel like a big waste of time. Let's face it, ...

The Biggest Mistakes Transfer Students Make

Alexandra Rice | Posted 04.07.2014 | College
Alexandra Rice

It's far too easy to miss a deadline or to forget to send a document, causing you to lose your spot at your dream school. The following tips can help students to avoid transfer credit fails, financial aid missteps, and new-school shell shock.

Parents: Don't Fall For Those FAFSA Myths!

Jodi Okun | Posted 04.02.2014 | Parents
Jodi Okun

January is a time when parents of high school and college students across the country are pulling out their hair over the FAFSA (Free Application for Federal Student Aid). Parents who manage to accurately complete the FAFSA are able to open the gateway to billions of dollars in federal, state and college financial aid.

6 Financial Aid Tips for First-Generation Students

Alexandra Rice | Posted 03.26.2014 | College
Alexandra Rice

Your mom didn't go to college. Your dad didn't go to college. Your brother and sister didn't go to college. But you want to go to college. The question is: How do you pay for it?

High School Seniors' January - June College Admissions To Do's, Redux 2014

Marjorie Hansen Shaevitz | Posted 03.23.2014 | College
Marjorie Hansen Shaevitz

Seniors! If you're not completely finished with your college applications now, surely you will be very soon. There are a few more things you need to do before you say "buh bye" to high school.

Financial Advice to Give Your High School Senior for the New Year

Jodi Okun | Posted 03.18.2014 | Money
Jodi Okun

While a good college education is certainly one gift most parents want to bestow on their children, the financial responsibility shouldn't all fall on the parents' shoulders.

What You Need to Know About Filing the FAFSA

Maura Kastberg | Posted 03.08.2014 | College
Maura Kastberg

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.

Happy New FAFSA Year!

Terry Savage | Posted 03.01.2014 | Money
Terry Savage

Start off the New Year right. Forget making resolutions you know you will break. If you're a college student -- or the parent of a high school senior, or college student -- New Year's Day is about more than bowl games.

Are You Prepared to Face the FAFSA?

Jodi Okun | Posted 02.11.2014 | Parents
Jodi Okun

Next up is taking a serious look at the financial end of your child's higher education. Regardless of your income, you will need to determine whether or not you can afford to send your child to each individual college.

Where in the World Is a College-Loan Bubble a Miracle? -- Vittana Shows the Way, Part 1 of 4

Suzanne Skees | Posted 01.27.2014 | Education
Suzanne Skees

College loans have exploded the market, and exploited our youth, in the U.S.; so why does Vittana work relentlessly to create loans for students in developing economies? The answer will surprise you. Get to know this scrappy, data-driven, crowdfunding education-equalizer.

6 Financial Aid 'Traps' Every College-Bound Student Should Know About

Scott Weingold | Posted 11.27.2013 | College
Scott Weingold

If you are confused by your financial aid letter, do not feel bad -- a very common mistake in the financial aid process is misunderstanding where the money for your package is coming from.

Don't Dawdle on Student Loan Search

Jason Alderman | Posted 11.25.2013 | College
Jason Alderman

College may be a year away, but scholarship and loan application deadlines are just around the corner. And, if you haven't been down this path recently, you'll soon learn that there are tons of decisions to make and documents to fill out.