Part 2: The Whole Family Family members beside the student can have an impact on EFC or SAI, and how they impact the student will change with FAFSA Simplification. Here are two key areas where your family’s impact on your FAFSA will change. Multiple Students Up until this year, the FAFSA has divided the student’s Expected Family Contribution by the…
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FAFSA
Part 1: Timing and Income Last week the Department of Education announced that this year’s FAFSA will come out in December, not October. We now have some additional information about FAFSA Simplification and what’s in store, so let’s dig in! December? Yes, this year the FAFSA will be released in December, not October. That’s to accommodate the myriad changes that…
With December almost here, it’s time to get on year-end tasks. If you’re among the many who want a year-end to do list, here goes!
Next fall’s FAFSA should look different from this year’s, with FAFSA Simplification in the pipeline, and the coming changes could impact your eligibility for financial aid. FAFSA Simplification will have different impacts on different families depending on situations, so it’s important to understand what’s coming and how it’s likely to affect your EFC (besides changing it to SAI). Some of…
I get a common question from families applying for college: “I applied to the college but how do I apply for scholarships?” The answer to that is actually pretty simple: If you filed the FAFSA, you have applied for need-based aid. And your application to the college is the application for most merit scholarships. Most institutional awards– that is to…