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President Obama Proposes Cuts in Aid Programs to Preserve Pell Grant

President Obama Proposes Cuts in Aid Programs to Preserve Pell Grant

President Obama is proposing to cut some student aid programs to maintain the maximum Pell Grant at $5,550 in 2011-12 as part of the FY2012 federal budget request. This comes after ...

Mark Kantrowitz
Published February 14, 2011
Can You Get a Pell Grant Even If You Don't Qualify for the Free and Reduced-Price School Lunch Program?

Can You Get a Pell Grant Even If You Don't Qualify for the Free and Reduced-Price School Lunch Program?

If a child does not qualify for the free or reduced-price school lunch program, can they still qualify for federal student aid? —Y.P. Yes. Students who don't qualify for the free ...

Mark Kantrowitz
Published February 21, 2011
February is Financial Aid Awareness Month

February is Financial Aid Awareness Month

There's one very important celebration that takes place all month long that you may have overlooked...Financial Aid Awareness Month!

Elizabeth Hoyt
Published January 21, 2015
Economy Causes Panic over Paying for School

Economy Causes Panic over Paying for School

This year more than ever, the economy is making it more difficult for families to pay for college. The number of financial aid applications is up more than 10% over last ...

Mark Kantrowitz
Published April 21, 2009
Is an Emancipated Child Considered an Independent Student?

Is an Emancipated Child Considered an Independent Student?

I am a single parent of three children. One is a junior in college, the middle child will be attending college next year. I have always completed the FAFSA for my ...

Mark Kantrowitz
Published February 14, 2011
Which Assets and Debts are Reported on the FAFSA?

Which Assets and Debts are Reported on the FAFSA?

Last year my family had low income ($40,000) but high assets. The assets include $1 million in properties, other investments, the primary home, car, 401(k), IRA and pension plan. How are ...

Mark Kantrowitz
Published January 24, 2011
What You Need to Complete the FAFSA

What You Need to Complete the FAFSA

It's time to fill out the mother of all financial aid forms: the FAFSA. Don't worry, it's easier than you think! Before you sit down to complete the form, make sure ...

Published November 15, 2015
15 Financial Aid Questions You Need to Ask

15 Financial Aid Questions You Need to Ask

What to ask to get the information you need.

By Carrie Greenberg and Mark Kantrowitz
Published February 25, 2015
When is a Stepparent or Adoptive Parent's Income Reported on the FAFSA?

When is a Stepparent or Adoptive Parent's Income Reported on the FAFSA?

My daughter's father and I are divorced and I have remarried. Neither my previous nor my new husband are contributing toward my daughter's education, so I am paying all of the ...

Mark Kantrowitz
Published February 7, 2011
Federal Financial Aid and the Independent Student

Federal Financial Aid and the Independent Student

Are you considered an independent student? Find out.

By The Fastweb Team
Published July 18, 2016
Who is Considered an Independent Student? What if you are not yet 24 years old?

Who is Considered an Independent Student? What if you are not yet 24 years old?

I'm having problems with my financial aid. I'm a single mother of one. My daughter is almost three years old and will be attending daycare this semester. I've been going to ...

Mark Kantrowitz
Published August 9, 2010
Get Help Completing the FAFSA: Resources for You

Get Help Completing the FAFSA: Resources for You

Don't worry: it's not as bad as it looks.

Published January 14, 2015
How to Deal if Your Parents Won't Pay

How to Deal if Your Parents Won't Pay

They may support you in every other way, but unfortunately, they can't always afford to pay for school.

By Kathryn Knight Randolph
Published February 25, 2015
Reporting of Untaxed Social Security Benefits on the FAFSA and the Impact of IRS Filing Extensions on FAFSA Verification

Reporting of Untaxed Social Security Benefits on the FAFSA and the Impact of IRS Filing Extensions on FAFSA Verification

I am a college student with a severe congenital physical disability. If I apply for and am granted SSI benefits, will receiving these benefits cause my family's EFC to increase? I ...

Mark Kantrowitz
Published May 31, 2010
How Do I File the FAFSA in January When Tax Returns Can't Be Filed That Early?

How Do I File the FAFSA in January When Tax Returns Can't Be Filed That Early?

Several universities that we have visited have stressed the importance of getting you FAFSA completed in January. If we don't have all of our financial and tax information yet, how can ...

Mark Kantrowitz
Published January 10, 2011
Does Applying for Financial Aid Affect Your Chances of Admission?

Does Applying for Financial Aid Affect Your Chances of Admission?

Does applying for financial aid ever limit one's chances of acceptance to a college? Do colleges give any subtle preference to students who state on their application that they do not ...

Mark Kantrowitz
Published January 31, 2011
Are "Dual Enrollment" Students Considered College Students on the FAFSA?

Are "Dual Enrollment" Students Considered College Students on the FAFSA?

Families should file the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov as soon as possible after January 1. While the federal government accepts the FAFSA as late as June ...

Mark Kantrowitz
Published January 3, 2011
Should Parents Transfer College Savings from an UTMA Account to a 529 Plan?

Should Parents Transfer College Savings from an UTMA Account to a 529 Plan?

My twin daughters will be entering college in the fall. We have saved for their college education over the last 17 years. Presently the savings are held in two accounts each: ...

Mark Kantrowitz
Published October 18, 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
How are Trust Funds Reported on the FAFSA?

How are Trust Funds Reported on the FAFSA?

Each of my parents left me a trust. From each trust I am entitled to the interest income and $5,000 annually. The remainder of the principal stays in the trusts until ...

Mark Kantrowitz
Published May 24, 2010