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College Board Simplifies CSS/Financial Aid PROFILE Form

College Board Simplifies CSS/Financial Aid PROFILE Form

While the US Department of Education is working on simplifying the Free Application for Federal Student Aid (FAFSA), the College Board has already been taking similar steps toward simplifying the CSS/Financial ...

Mark Kantrowitz
Published March 10, 2010
Short Answers to A Few Common FAFSA Questions

Short Answers to A Few Common FAFSA Questions

Does checking the Federal Work Study box on the FAFSA affect other forms of financial aid that a college might award, such as scholarships or other government aid? Is it wise ...

Mark Kantrowitz
Published March 7, 2010
Options for a Student Whose Parents Refuse to Complete the FAFSA

Options for a Student Whose Parents Refuse to Complete the FAFSA

I have been financially independent from my parents since I was 19. I'm 23 now. I've been working two jobs and taking 12 hours in school. My school says that I ...

Mark Kantrowitz
Published March 1, 2010
Is the Non-Custodial Parent a Parent for Federal Student Aid Purposes?

Is the Non-Custodial Parent a Parent for Federal Student Aid Purposes?

I am divorced and the custodial parent of two children who live with me. Both kids have Coverdell Education Savings Accounts. My soon-to-be college student daughter's Coverdell lists her father (my ...

Mark Kantrowitz
Published February 22, 2010
Questions about Net Assets and Changes in Marital Status

Questions about Net Assets and Changes in Marital Status

On the asset section of the FAFSA form if you have $100,000 in stocks but also have a $75,000 margin loan balance would you net this out and put down $25,000 ...

Mark Kantrowitz
Published February 15, 2010
What Counts as Child Support on the FAFSA?

What Counts as Child Support on the FAFSA?

I am very grateful to Fastweb for providing all that you do. I am especially grateful for your answers to questions. I agreed (outside of the courts) to pay my daughter's ...

Mark Kantrowitz
Published February 8, 2010
How to Include Yourself on Your Teen's FAFSA if You're Enrolled Too

How to Include Yourself on Your Teen's FAFSA if You're Enrolled Too

How should a FAFSA be filled out if I have two children going to college and I am enrolling in a graduate program? When it asks how many are attending college ...

Mark Kantrowitz
Published February 1, 2010
Clearing Up Confusion. What are Parents Responsible for on FAFSA?

Clearing Up Confusion. What are Parents Responsible for on FAFSA?

There seems to be a lot of confusion about which parent is responsible for completing the Free Application for Federal Student Aid (FAFSA), so I'm answering a few more questions on ...

Mark Kantrowitz
Published January 25, 2010
How can a student on academic probation pay for college with no aid?

How can a student on academic probation pay for college with no aid?

My son has brain damage along with seizures and a reading learning disability. With all the doctors appointments, hospital stays and seizures he is on academic probation this semester. So that ...

Mark Kantrowitz
Published January 18, 2010
How is retirement income and past due child support reported on the FAFSA?

How is retirement income and past due child support reported on the FAFSA?

I am trying to fill out my FAFSA. My father retired last year and I am confused as to what to put for his financial answers, for example, gross income, taxes, ...

Mark Kantrowitz
Published January 11, 2010
Which parent is responsible for completing the financial aid application?

Which parent is responsible for completing the financial aid application?

I am confused about which parent's information to include on the Free Application for Federal Student Aid (FAFSA). My ex-husband paid child support for 7 months this year from a settlement ...

Mark Kantrowitz
Published January 4, 2010
How does child support affect eligibility for student aid?

How does child support affect eligibility for student aid?

I have been divorced for more than 10 years and receive a small amount of child support from my ex-husband. At the time of the divorce, I agreed to let my ...

Mark Kantrowitz
Published December 28, 2009
Pay Down Mortgage or Contribute to Son's 529?

Pay Down Mortgage or Contribute to Son's 529?

I just sold my house and moved in with my new husband. We have three children between us (two are his) and are looking for a bigger house. Would it make ...

Mark Kantrowitz
Published December 14, 2009
Questions about the Free Application for Federal Student Aid (FAFSA)

Questions about the Free Application for Federal Student Aid (FAFSA)

Having grown up with depression era parents, I've never been someone that liked to have debt. I'm told that avoiding debt will not work in my favor when applying for financial ...

Mark Kantrowitz
Published November 23, 2009
Congress Passes Legislation Ending the Federally-Guaranteed Student Loan Program

Congress Passes Legislation Ending the Federally-Guaranteed Student Loan Program

The US House of Representatives passed the Student Aid and Fiscal Responsibility Act of 2009 (SAFRA) on September 17, 2009 by a party-line vote of 253 to 171. This legislation eliminates ...

Mark Kantrowitz
Published September 22, 2009
Survey Says: Financial Considerations Affecting College Choices

Survey Says: Financial Considerations Affecting College Choices

Sallie Mae and Gallup just released the results of a survey of how American families pay for college. The survey found that families are becoming more cost conscious in their college ...

Mark Kantrowitz
Published August 19, 2009
Congress Proposes Overhaul of Federal Student Loan and Grant Programs

Congress Proposes Overhaul of Federal Student Loan and Grant Programs

The US House of Representatives is considering legislation to overhaul the federal education loan and grant programs. The Student Aid and Fiscal Responsibility Act of 2009, nicknamed SAFRA, will increase funding ...

Mark Kantrowitz
Published July 20, 2009
President Obama Simplifies the FAFSA for You

President Obama Simplifies the FAFSA for You

In a statement today, the Obama Administration announced sweeping changes to the FAFSA. Families filling out the FAFSA will no longer have to go through such a painstaking process just to ...

By Kathryn Knight
Published June 24, 2009
He's the Financial Aid Guru.  Only on Fastweb.

He's the Financial Aid Guru. Only on Fastweb.

Is your financial aid advice featured in The New York Times? Didn’t think so. Mark Kantrowitz, is nationally recognized as an often quoted leading financial aid expert. With degrees from M.I.T., ...

Published April 22, 2009
Not All "Need" is Created Equal

Not All "Need" is Created Equal

Your opinion of "broke" may not be the same as your college's financial aid office's.

By Ryan Uricks
Published April 21, 2009