Apply as soon as possible for financial aid! The actual deadline for the Free Application for Federal Student Aid (FAFSA) is not officially due until June 30 in most states. However, if you wait this long your chances of obtaining federal aid could be very poor. The FAFSA is the only way you can qualify for federal aid and Pell Grants. More than 80% of students fill out … [Read more...] about FAFSA Deadline – Fill Out Required Financial Aid Forms!
FAFSA
Debt and Financial Aid
A common question students have is how they can manage their debt and their financial aid. Unfortunately when you fill out the FAFSA form there is no place to put down the amount of debt you owe. The form basically wants to know about your income, your family's income and assets. Non-traditional students may already have a substantial debt of some kind. It is wise to seek … [Read more...] about Debt and Financial Aid
Student Financial Aid Tips – Maxing Out!
When it comes to student financial aid it helps to know every avenue that leads to gaining money for your college education. Below we have comprised some helpful tips that may assist you secure the financial aid you need. Target the High Dollar Private Colleges Applying for financial aid at a pricey college or university may not seem realistic BUT the expensive private … [Read more...] about Student Financial Aid Tips – Maxing Out!
Get a Head Start on your Financial Aid: File Your Taxes Early !
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 … [Read more...] about Get a Head Start on your Financial Aid: File Your Taxes Early !
The Best Way to Save for College: Uniform Gift/Transfer to Minor Act
Last week, we launched a four-part series about the best tax-preferred college savings vehicles. So far we have covered three out of the four: 529 College Savings Plans, 529 Prepaid Tuition Plans, and the Coverdell Educational Savings Account. Be sure to review those posts, if you didn't get a chance to read them yet. Today we are rounding out the series with the least well … [Read more...] about The Best Way to Save for College: Uniform Gift/Transfer to Minor Act