Many parents and grandparents purchase education savings bonds– series EE or series I bonds– to pay for college. These bonds are tax-free within some limits, and it’s not uncommon for families to find out too late that they’ve landed outside the limits.
Browsing Category
FAFSA
Many schools’ FAFSA deadlines are rapidly approaching, or even past. Whether or not you think you’ll get need-based aid, you should be completing and submitting the FAFSA (and PROFILE, if applicable). What happens if you miss your school’s deadline? Each school has its own policies so
When it comes to negotiating and aid award, it’s helpful to understand both how the Professional Judgment (PJ) process works and how negotiating in general works. With the PJ process, the school has a specific set of constraints and you must work within them. The Department of Education allows schools to make adjustments “on a case-by-case basis only to adjust…
Still haven’t filled out the FAFSA? There are plenty of reasons unrelated to your financial aid eligibility why you should. One of the big ones, from a parent perspective, is having some leverage over your student. I’ll call it the “Tattoo Rule” in honor of a friend and her college freshman daughter, who shall remain unnamed.
A financial aid package often includes work-study as one component. Typically the package includes a dollar sum of work-study income to be used for education costs. It’s up to the student to find a qualifying work-study job once they arrive on campus, and there is no guarantee that such a job is available.