The last post in the “Paying for College 101” series goes over the importance of properly positioning your assets when you complete the Free Application for Federal Student Aid (FAFSA). We recommend reading them first! They’ll provide understanding of how a student and parent’s income(s) and assets affect the FAFSA calculation and how these calculations […]
Paying for College 101: When Your Hard Work Works Against You
The point of working hard and saving for college shouldn’t be having your efforts work against you, yet that is exactly what can happen when you diligently work and save without understanding how the FAFSA works. In a previous post, I described how the Estimated Family Contribution (EFC) is impacted by your income and where […]
Deciphering Your Financial Aid Award Letter with an Infographic
I stumbled across this excellent infographic breaking down the big (and small) points of a financial aid award letter, and thought it was definitely worth sharing. With college decision and financial aid letters looming on the horizon, it’s a good idea to get familiar with exactly what will be on that letter, and what it […]