New Year’s Resolutions for 2021

Has there ever been a year as hotly anticipated as 2021? And among all the new year’s resolutions to get back to living our best lives as soon as we can– travel, time with friends and family, in-person school– might I suggest some resolutions for families of college-bound children? I’ve divided them by age range to make it easy for…

EFC vs SAI: What’s in a Name?

A great deal of attention has gone to the renaming of the FAFSA’s Expected Family Contribution to Student Aid Index. The change is a good one, even if it is primarily cosmetic. The formula and inputs remain largely the same, and the end result is still what it has been: a tool with which colleges and universities can assess all…

FAFSA Simplification in the Stimulus

169 pages of this week’s stimulus bill are devoted to FAFSA simplification. It’s a great step and I apologize that 169 pages of bill-speak have left me unable to simplify the changes for you yet. Here are a few broad points: The changes take effect beginning with the FAFSA for the 2023-2024 school year, which is the first FAFSA for…

College Students and Stimulus Payments

With a new round of stimulus payments coming under the new stimulus deal, many families of college students are hearing that they should declare their college students independent so that they can claim the stimulus payments. That may make sense for some, but it’s not universal good guidance. Here are a few factors to consider: Both rounds of stimulus are…