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When Will the Financial Aid Award Letter Arrive?

When Will the Financial Aid Award Letter Arrive?

I am new to all of this and I am wondering how soon we find out how much financial aid we will be getting. My son has been accepted at 3 ...

By The Fastweb Team
Published August 29, 2017
How Do I Transfer Financial Aid from One College to Another?

How Do I Transfer Financial Aid from One College to Another?

If I change schools, how do I edit my FAFSA so the money goes to my new school? And about how long would it take for the money to transfer schools? ...

By The Fastweb Team
Published August 29, 2017
What Happens If You Deliberately Don't Report Assets on the FAFSA?

What Happens If You Deliberately Don't Report Assets on the FAFSA?

I'm doing everything possible to lower my EFC. I have assets, UTMA, mutual funds, stocks and I know they hurt my chances of receiving free money (Federal or state grants). I ...

By The Fastweb Team
Published August 29, 2017
Answers to Introductory Questions about Financial Aid for College

Answers to Introductory Questions about Financial Aid for College

Get the answers to the financial aid basics.

By The Fastweb Team
Published August 28, 2017
Emergency Dental Care for an International Student; Reporting a New Spouse's Income and Assets on the FAFSA

Emergency Dental Care for an International Student; Reporting a New Spouse's Income and Assets on the FAFSA

I am not a US citizen. I came to the United States a month ago to begin graduate school. Unfortunately I got a severe toothache a week ago. As a teaching ...

By The Fastweb Team
Published August 28, 2017
Are "Dual Enrollment" Students Considered College Students on the FAFSA?

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

Currently one son is a junior in a 4-year college. The next one is a high school senior and will attend the same 4-year college in the fall. Last, I have ...

By The Fastweb Team
Published August 28, 2017
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 ...

By The Fastweb Team
Published August 28, 2017
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: ...

By The Fastweb Team
Published August 28, 2017
Which of a Student's Divorced Parents Must Complete the FAFSA? Is the Stepparent's Information Reported on the FAFSA?

Which of a Student's Divorced Parents Must Complete the FAFSA? Is the Stepparent's Information Reported on the FAFSA?

I will be filling out the FAFSA soon for my daughter who will be attending college next fall. My question is regarding her father, who is my ex-husband. Her father does ...

By The Fastweb Team
Published August 28, 2017
How to Complete the FAFSA when a Parent Didn't File her Federal Income Tax Return

How to Complete the FAFSA when a Parent Didn't File her Federal Income Tax Return

I have a problem with my FAFSA. My mom didn't file her income tax returns the prior prior year. What do I use when I fill out my FAFSA form? — ...

By The Fastweb Team
Published August 28, 2017
What are Your Options When Your Parents Refuse to File the FAFSA?

What are Your Options When Your Parents Refuse to File the FAFSA?

I am hoping you can help me with my FAFSA issue. I am 16 and a senior this year in high school, so I plan on attending a university in the ...

By The Fastweb Team
Published August 25, 2017
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 ...

By The Fastweb Team
Published August 25, 2017
Can a Family on Fixed Income Afford to Pay Double for an Out-of-State Private College?

Can a Family on Fixed Income Afford to Pay Double for an Out-of-State Private College?

My husband took early retirement so we are on a fixed income. We set aside enough money in various college funds for our daughter to attend any in-state public college. However, ...

By The Fastweb Team
Published August 25, 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
How Do You Complete the FAFSA When a Parent is Undocumented?

How Do You Complete the FAFSA When a Parent is Undocumented?

I live with my mother and my brothers. My mother is undocumented and does not work. However, I am a permanent resident and my brothers were born here in the United ...

By The Fastweb Team
Published August 25, 2017
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 ...

By The Fastweb Team
Published August 24, 2017
Which 529 College Savings Plans are Reported on the FAFSA?

Which 529 College Savings Plans are Reported on the FAFSA?

Everything you need to know about college savings on the FAFSA.

By The Fastweb Team
Published August 24, 2017
Why Do Some Merit-Based Scholarships Require the FAFSA?

Why Do Some Merit-Based Scholarships Require the FAFSA?

Most colleges require students to apply for need-based aid for merit-based aid. Why?

By The Fastweb Team
Published August 24, 2017
Reporting Prepaid Tuition Plans and 529 Plans on the FAFSA for Independent Students

Reporting Prepaid Tuition Plans and 529 Plans on the FAFSA for Independent Students

I'm confused as to how to treat a prepaid tuition plan when applying for financial aid. I'm an independent student but I have a small prepaid tuition account which is held ...

By The Fastweb Team
Published August 24, 2017
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 ...

By The Fastweb Team
Published August 24, 2017