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free_application_for_federal_student_aid_fafsa [2018/06/04 19:13]
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free_application_for_federal_student_aid_fafsa [2018/06/04 19:16] (current)
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Even the Wall Street Journal is encouraging just about everyone to fill out the FAFSA regardless of a high income. There’s no set cut-off number for how much is “too much.” Financial awards are based on a combination of family income, the cost of the college you’re going to, and the number of children attending college at the same time. So according to the Journal’s February 2017 article on the topic, you could make as much as $180,000 and still qualify, especially at the more expensive schools. They do add, however, that if you have one child in college and he or she is going to a public college in the state where you live, don’t bother to fill out the FAFSA if your income is over $350,000 and you have assets exceeding $1 million … Even the Wall Street Journal is encouraging just about everyone to fill out the FAFSA regardless of a high income. There’s no set cut-off number for how much is “too much.” Financial awards are based on a combination of family income, the cost of the college you’re going to, and the number of children attending college at the same time. So according to the Journal’s February 2017 article on the topic, you could make as much as $180,000 and still qualify, especially at the more expensive schools. They do add, however, that if you have one child in college and he or she is going to a public college in the state where you live, don’t bother to fill out the FAFSA if your income is over $350,000 and you have assets exceeding $1 million …
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**Remember**:  The earliest FAFSA filing date has changed  from January to the previous October .  The change has been very well received and the number of applications submitted in the first month of filing went up overall by about 21%. Oddly some states numbers declined (including all six of the New England states (?!).  If you’re procrastinating, keep in mind that the form is easier to fill out now since you can use tax information from an earlier year rather than having to estimate or complete your tax forms early. And it’s used to calculate aid not only by the federal government but by many states, schools, and other organizations as well. **Remember**:  The earliest FAFSA filing date has changed  from January to the previous October .  The change has been very well received and the number of applications submitted in the first month of filing went up overall by about 21%. Oddly some states numbers declined (including all six of the New England states (?!).  If you’re procrastinating, keep in mind that the form is easier to fill out now since you can use tax information from an earlier year rather than having to estimate or complete your tax forms early. And it’s used to calculate aid not only by the federal government but by many states, schools, and other organizations as well.
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Parents rave about this newly revised and updated guide -- including a step-by-step guide to filling out the FAFSA. Learn the tips and tricks to getting the most financial aid possible: Parents rave about this newly revised and updated guide -- including a step-by-step guide to filling out the FAFSA. Learn the tips and tricks to getting the most financial aid possible:
-{{amazon>0375429425}}+{{amazon>0804124361}}
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free_application_for_federal_student_aid_fafsa.txt · Last modified: 2018/06/04 19:16 by admin