The 2021-2022 FAFSA will be available this Thursday, Oct. 1. Do you need to fill it out right away? Maybe. Here’s what you do need to do now: Get an FSA ID. You and your student each need one. There is typically a delay between submitting the FSA ID request and the ID being created, so you should do this…
Application Process
No, I’m not going to tell you to look up rankings for the schools you’re considering. Instead, read this article from Education Dive about how the rankings work and why they’re probably not going away any time soon.
There’s a ton of talk about the FAFSA right now, which on the one hand makes sense because it will be available next week. (Yes, all evidence to the contrary, time does continue marching forward with the result that Oct. 1 arrives next week.) But all the hoopla around the FAFSA tends to obscure the fact that the FAFSA itself…
Students whose parents are divorced have some planning opportunities if the exes are willing to cooperate. The first step is of course to understand the planning areas. And the first step of that first step is to understand a key definition: “custodial parent.” Custodial parent is used in two primary places for college purposes, and in ways that are completely…
Are you looking for the 2022-23 FAFSA’s EFC Formula Guide? Go here if so. The FAFSA won’t be available until Oct. 1 but in the meantime you can download the EFC Formula Guide for the current year and calculate your Expected Family Contribution. This year’s FAFSA EFC formula includes nominal inflation-related adjustments to the Income Protection Allowance, Adjusted Net Worth…