All employers, schools, organizations, etc. are required to send your tax information to you by January 31 of each year. Examples: W-2s (from your employer- record of wages earned) 1098T (record of college tuition and fees) 1099 Misc (record of non employer wages) ***For more information visit www.irs.gov. If you are planning to attend [...]
This is a question that many students have a most do not like the answer. The federal government considers you a dependent student until the age of 24. Financial aid was designed to fill the gap between what the federal government expects the family to contribute (EFC) toward the students’ education. Reality may often be [...]
If you are taking summer classes at a college, check with their financial aid office and make sure you follow the process if you want to get financial aid. There are multiple ways you could get financial aid for this summer session. First, the federal government instituted a new Two Pell in a Year program [...]
The whole process of financial aid can be daunting. Sometimes it feels like trying to do your taxes while learning a new language. To make things easier, try to remember the Chinese Proverb, "the journey of 1,000 miles begins with one step." The first step in the process is to APPLY FOR A PIN NUMBER. [...]
The number one reason people don’t get financial aid is because they don’t apply. Their neighbor, brother-in-law or friend told them not to bother, they make too much money. Financial aid uses a federal methodology to determine your family’s EXPECTED FAMILY CONTRIBUTION (EFC). They consider income, but they also consider the number of people in [...]
Have you finished the online Free Application for Federal Student Aid? If not, what are you waiting for? It is true that your Expected Family Contribution (EFC) will be the same no matter how long you wait, but if you procrastinate too long you could lose other financial aid funding. The most needy students as [...]
Happy New Year, friends! With a new year, comes a new application for financial aid. Whether this is your first year of college, or your fifth, filling out the FAFSA is an important new year ritual for any student seeking financial aid. Not sure where to start? Here’s a step-by-step tutorial to make sure that [...]
If this is your last year of high school, you probably have a million things on your mind. At the forefront, though, is the constant question: What are you going to do next year? If college is in your plans, then it’s time to check in about your progress. Have you applied early anywhere? Do [...]
