Questions include who needs an FSA ID, when do I apply for an FSA ID, what are the steps to set up my FSA ID, do the child and parent need separate FSA IDs, is there a way to recover my FSA ID if I don't recall it, and more…
By Meredith Clement    |
Learn the differences between independent and dependent students, how the new status allows students to request to be treated as an independent student even if they wouldn't automatically qualify, and what to do if it's determined that a student is dependent after requesting this status. …
By Jonathan Hughes    |
Learn who needs to create an FSA ID, how a student can add or remove a contributor, when the student will receive the FSS, which information a parent will need to update if completing the form for multiple children, how to stop your FAFSA from being deleted after 45 days, and more.…
By Meredith Clement    |
Learn if you need a new FSA ID, how to handle a recent divorce, what to do if you didn't file a tax return, how to file without an SSN, how to report foreign income, and more. …
By Meredith Clement    |
Learn if you must complete a CSS Profile for each school, whose account you complete the profile under, how customized questions work, how to determine the value of your home, how to complete it as a noncustodial parent, and more. …
By Meredith Clement    |
The new FAFSA will be available in December 2023, will require each contributor to complete their own section, will require an FSA ID to be created ahead of time, will use new terminology, and more.…
By Meredith Clement    |
Learn about the SAI, a calculated number based on the data that a family inputs into the FAFSA designed to represent the family's financial strength and their ability to pay for college. The SAI replaces the formerly used Expected Family Contribution (EFC).…
By Meredith Clement    |
Learn about the CSS Profile, a financial aid application used by roughly 200 colleges, universities, and scholarship agencies to determine eligibility for institutional financial aid funds, including what colleges require it, why colleges use it, how it differs from the FAFSA, and the cost. …
By Meredith Clement    |
Whether a parent is working or retired, the college calculates the parent(s)' total income and uses that figure in the standard financial aid formula to determine how much they believe the family can contribute toward college costs.…
By Meredith Clement    |
Factors that determine financial aid include the SAI, financial aid eligibility, a school's prerogative, and the college's strategic goals. …
By Meredith Clement    |