Understanding FAFSA and How To Qualify For More Financial Aid

As the cost of college continues to rise, so does the financial stress that it puts on families trying to determine the optimal solution to pay for college. It’s never been more important for parents and family members of these students to understand:

1) How is college financial aid calculated?
2) Are there ways to increase the amount of financial aid you can receive?
3) What are the income and asset thresholds where financial aid evaporates?
4) Understanding the FAFSA 2 Year Lookback Rule
5) The difference between financial aid at public colleges vs private colleges

In this article we will provide you with guidance on these topics as well as introduce strategies that we as financial planners use with our clients to help them qualify for more financial aid.

Linked to Grandparent 529 Pitfall Article:

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