After taxes and college basketball it's that marvelous time of year - filing our FAFSA.
For those new to the financial aid game colleges have parents and students play every year, the Free Application for Federal Student Aid is filled with pitfalls to avoid.
This newsletter is about all things FAFSA!
Did You Know?
- 42% of FAFSA's filed each year contain errors that could jeopardize the amount of free college money your receive.
- Most middle class families fall into the trap of not earning and saving enough to pay the high cost of college. Yet, after filing their FAFSA they find out they earn to much to receive free government aid.
- About 30% of CAPlus clients with HS seniors and higher incomes don't file FAFSA initially on our recommendation.
FAFSA is really used by colleges and how to receive the biggest sources of free college money.
All Things FAFSA
CAPlus featured FAFSA newsletter
includes learning about the five most common myths about FAFSA that can lower your Expected Family Contribution (EFC).
My favorite one? It's OK to estimate your taxes first and file your FAFSA. You can always go back later and update with actual tax numbers after you send in your tax return.
This means you may have a higher chance of receiving free FAFSA money by filing earlier, it also means you can fit in your favorite college basketball game!
by HS class to support your family on your college journey.
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Good luck with your FAFSA!
p.s. Some recent newsletter housekeeping changes to my CAPlus clients...
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