Right Major + Right College = Career Success - Helping you get where you were meant to be.
RSS Follow Become a Fan

Delivered by FeedBurner

Recent Posts

Biggest Problem for Accepted Students
Will My College Be Open?
College in the Era of Covid
Student Loan Interest Rates Drop for 2020-21
Not All Info on the Web about FAFSA is Accurate

Most Popular Posts

Essay Topic: What will you contribute to our campus?
Got an IEP? Don't forget to take it to college.
Discouraging Words
Will Social Media Affect Your Child's Chances?
What to do when things change


Accepted? Now What?
Admission Decisions
Admission Essays
Adult Students
Athletes and College
Campus Safety
Career Planning and College
Choosing the best college for you
College Admission Deadlines
College Admission Decisions
College Admission Essays
College Admission Tests
College application process
College Applications
College Buyer Beware
College Camp
College Choice
College Costs
College Counseling and Advising
College Entrance Exams
College Freshman Adjustment
College Graduation and Beyond
College Major
College Myths
College Prep
College Prep Opportunities
College Recruitment
College Scholarships
College succcess
College Transfer
Early preparation for college
Education Consumerism
FInancial Aid
Financial Aid and Scholarships
GAP Year
GAP Year and Summer Programs
Getting in....or not
Good advice
Grad School
Graduate to a Job
Highly Selective Colleges
It's all in the timing
Kids Today
Learning Disability Accommodations
Media Treatment of College Information
Money and College
Online College
Parent and Grandparent Support
Parent and Grandparent Support in the College Process
Parent and student relationships in the college process
Parenting Teens
Picking a college
Planning for College Success
Positioning Students for Success
Social Media and College
Start Planning Early
Student Development
Student Loan Debt
Student Loans
Student Posts About Their Experiences
Success Hints
Summer Activities
Summer college prep
Surviving fall semester fo the senior year
The College-Job Connection
The Junior Year
To-do lists
Value of College
powered by

College Talk Blog

FInancial Aid

File Financial Aid Now

This year parents and students file financial aid forms in October and November. Forms can be filed later but the later families wait, the bigger the risk that families will miss the priority financial aid deadline at their school.

To file the FAFSA, one parent and the student must apply for an FSAID at  www.fafsa.ed.gov. The FSAID is the parent and student userid and password for the FAFSA. Apply for the FSAID at least 2-3 days before attempting to file the FAFSA.

File the FAFSA at www.fafsa.

College Finance Made Simple

Every college website, somewhere in the financial aid page or the admissions page has a cost of education figure that represents the estimated cost of education at that college. That estimated cost figure is used by college financial aid and scholarship offices, college veterans affairs offices, federal and private lenders to determine how much total financial assistance a student can receive.

Families who have that number can subtract the EFC or Estimated Family Contribution from the FAFSA (Free Application for Federal Student Aid) to determine the amount of need they have.

Why Parents of the College Bound Should File Taxes Early

If you have a high school student in your house who is a junior this year, you are in luck. Next year the government will allow you to use this year's 2015 tax return to file the Free Application for Federal Student Aid (FAFSA) which is required for students who want federal aid. 

Parents of this year's high school seniors however are not that lucky. They are expected to  use their 2015 tax return to file the FAFSA by college priority deadlines that range from February 1 to March 1.

File an Estimated FAFSA?

Even though parents of students attending college in the fall are filing their taxes as early as possible, it's not unusual for them to file an estimated Free Application for Federal Student Aid or FAFSA to meet priority college financial aid deadlines. 
If your family filed an estimated FAFSA, don't forget to correct your FAFSA after your taxes are filed.  Correcting the FAFSA is quick as you only have to correct a few items. 
If you meet the qualifications for families who can have the IRS populate your FAFSA, it's a good idea to wait 14 days after your tax return was accepted by the Internal Revenue Service to correct your FAFSA.

What to do when things change

Families have been filing 2012 FAFSA's since January 1, 2012 so that their children can be in the running for grants, scholarships and loans this spring.  Some worry about the fact that the FAFSA asks them about their income in 2011 because things have changed in their household. 
The good news is that the financial aid professionals at colleges and universities know that stuff happens:
  • Parents get laid off or have their hours reduced at work which causes their wages to drop