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When must a Non-Custodial Parent Count a Child in Household Size?

When must a Non-Custodial Parent Count a Child in Household Size?

Counting the child support paid and counting the supported children in household size is an either-or situation on the FAFSA.

By The Fastweb Team
Published September 27, 2017
Potential Impact of the Fiscal Cliff on Federal Student Financial Aid

Potential Impact of the Fiscal Cliff on Federal Student Financial Aid

The Budget Control Act of 2011 enacted automatic across-the-board spending cuts in the federal budget if Congress in unable to achieve specified reductions in overall spending on its own. This process ...

Mark Kantrowitz
Published September 16, 2012
How is a Life Estate Treated on the FAFSA? Do the Restrictions Matter?

How is a Life Estate Treated on the FAFSA? Do the Restrictions Matter?

Everything you need to know about life estates on the FASFA.

By The Fastweb Team
Published September 29, 2017
Which are Better, US Savings Bonds or 529 College Savings Plans?

Which are Better, US Savings Bonds or 529 College Savings Plans?

We have a son who is going to be in the 10th grade this year. We also have twins who are 3.5 years old. I am trying to understand where to ...

Mark Kantrowitz
Published August 6, 2012
Figuring College Cost: The Package Deal

Figuring College Cost: The Package Deal

When you want to know what something costs you check the price tag, right? But sometimes it's not so simple. Compare going to a big-ticket school with attending a college with ...

By Roxana Hadad and Kay Peterson
Published September 4, 2008
Wells Fargo Adds Death and Disability Discharges to Private Student Loans

Wells Fargo Adds Death and Disability Discharges to Private Student Loans

Wells Fargo announced on December 17, 2010 that it is adding death and disability discharges to its private student loan products. When the student borrower dies or becomes totally and permanently ...

Mark Kantrowitz
Published December 18, 2010
If the Financial Aid Package Does Not Fit, A Request for More Aid You Should Submit

If the Financial Aid Package Does Not Fit, A Request for More Aid You Should Submit

I'm 16 years old and I'm the valedictorian of my senior graduating class in New York City. This year was a very difficult one finding the right college to go; fortunately ...

Mark Kantrowitz
Published July 5, 2010
Repayment Begins for Students Who Graduated in May and June

Repayment Begins for Students Who Graduated in May and June

Students who graduated in May or June are nearing the end of the six-month grace period. The first monthly loan payment is usually due in November or December. Don't Be Delinquent ...

Mark Kantrowitz
Published October 26, 2011
Avoiding the Average...

Avoiding the Average...

Stop being a statistic and start getting smart about student debt.

Elizabeth Hoyt
Published December 6, 2013
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 ...

By The Fastweb Team
Published August 18, 2017
How Does Income Affect Financial Aid Eligibility?

How Does Income Affect Financial Aid Eligibility?

Determining financial aid based on income.

By Kathryn Knight Randolph
Published March 28, 2017
What’s Next for Simplifying the FAFSA?

What’s Next for Simplifying the FAFSA?

Everyone wants to simplify the FAFSA -- what could be next?

By Kathryn Knight Randolph
Published July 26, 2017
To Convert or Not To Convert; How Does a Roth IRA Conversion Affect Student Aid?

To Convert or Not To Convert; How Does a Roth IRA Conversion Affect Student Aid?

I am retired with no income from employment and a moderate amount of investment income, $20,000 to $30,000 a year. I am contemplating a partial conversion from my traditional IRA to ...

By The Fastweb Team
Published August 30, 2017
Do Twins Get More Aid? If a Student Gets Married, Does the Financial Aid Change?

Do Twins Get More Aid? If a Student Gets Married, Does the Financial Aid Change?

My boyfriend and I are afraid that if we marry my annual gross income ($47,000) will prevent him from getting federal grants and loans for college. He has no income at ...

Mark Kantrowitz
Published August 25, 2017
Answers to Common FAFSA Questions about FSA IDs and Household Size

Answers to Common FAFSA Questions about FSA IDs and Household Size

Get the FAQs on the FAFSA.

By The Fastweb Team
Published August 22, 2017
The Procrastinator's Guide to Financial Aid

The Procrastinator's Guide to Financial Aid

Stop procrastinating; fill out your financial aid forms now.

Original Content Kay Peterson, Ph. D., Updated by The Fastweb Team
Published January 28, 2017
Tips for Evaluating Financial Aid Award Letters

Tips for Evaluating Financial Aid Award Letters

Financial aid award letters provide college students with information about college costs and the types and amount of financial aid the student will receive. Families rely on the financial aid award ...

Mark Kantrowitz
Published December 10, 2010
Facing the Prospect of High Student Loan Debt at a Prestigious College

Facing the Prospect of High Student Loan Debt at a Prestigious College

I graduated from high school with honors in June and have been accepted to a prestigious private college, where I will be majoring in computer science and math. The college awarded ...

Mark Kantrowitz
Published July 18, 2011
Will Differences in Parent Assets Due to the Omission Sibling-Owned Custodial 529 Plan Accounts Cause Problems on the FAFSA?

Will Differences in Parent Assets Due to the Omission Sibling-Owned Custodial 529 Plan Accounts Cause Problems on the FAFSA?

Since siblings' UTMA 529s don't get reported on the FAFSA, but the student's UTMA 529 is counted as a parent asset, each of my kids would have a different amount listed ...

By The Fastweb Team
Published August 31, 2017
Cost of Raising Children from Birth to High School Graduation Up 4.4% to $221,190

Cost of Raising Children from Birth to High School Graduation Up 4.4% to $221,190

The US Department of Agriculture estimates that middle-income two-parent families will spend $221,190 in 2008 dollars to raise a child born in 2008 from birth to high school graduation. The cost ...

Mark Kantrowitz
Published August 25, 2009