Investment Updates
How To Improve Chances For College Financial Aid
Published Wednesday, August 31, 2016 at: 7:00 AM EDT
Will your child enter college soon? However much you have managed to save, it may fall short of the very high cost of today's higher education. Financial aid—in the form of grants, loans, or work-study programs—could help make up the difference, but your child will have to apply for this needs-based aid, and that means completing the Free Application for Federal Student Aid, or FAFSA.
Even if you don't think you'll qualify for financial aid, there's no harm in trying, and you may be surprised by the results. Even students from the wealthiest families are eligible for work-study programs. And some colleges offer generous aid packages to families with relatively high incomes. So filling out the FAFSA almost always makes sense.
Nuts and Bolts of the FAFSA
© 2024 Advisor Products Inc. All Rights Reserved.
More articles
- Ten Frequent Retirement Mistakes You Should Avoid
- Meeting With The Family For Elder Care Planning
- 20 Questions On Required Minimum Distributions
- Seven Good Reasons To Create And Fund A Trust
- 6 Common Medicare Myths That Should Be Dispelled
- How To Save For Your Retirement At Every Age
- Six Hurdles To Overcome In Stretch IRA Planning
- Study These Six Higher Education Tax Breaks
- Women Have Better Credit Scores, But Lower Ratings Than Men
- Four Retirement Planning Rules Of Thumb To Bend
- Five Big Tax Penalties To Avoid At All Costs
- Don't Let Scam Artists Ruin Your Retirement
- Visualizing The Risk Of Running Out Of Money In Retirement
- Don't Be Victimized By These 10 Common Scams
- Wall Street's Strategists About As Good As Monkeys Throwing Darts