Behold, FAFSA season is upon us! Well, not entirely– the FAFSA isn’t available until January 1. Nonetheless, confusion and questions about the FAFSA abound already. One of the more confusing aspects of the FAFSA is how retirement plan contributions are counted. “Wait,” you say, “I thought my retirement plan doesn’t count on the FAFSA!” It’s true that your retirement plan…
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If you and your student believe that no cost is too high to attend your dream school, please read this before signing for the loans required.
Are you the parent of a high school junior? If so, 2014 is your “base year” for financial aid purposes. What does that mean? It means that your initial financial aid applications—FAFSA and/or CSS PROFILE—will be based on your income and assets for 2014. Now is a good time to make plans or adjustments that will help you in aid…
Many parents who aren’t sure if their children will pursue 4-year degrees think that 529 plans are therefore not for them. If that sounds like you, you may be surprised to learn that funds in 529 plans can be used at a wide range of schools including community colleges, technical, trade and professional schools. Any school that is eligible for…
Since it’s college acceptance season, there are a lot of great articles out there about evaluating offers. Apologies for offering less original content here but reinventing the wheel doesn’t help. Here is a great article from the New York Times that will help you be a more informed consumer of your various offers.