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FAFSA Articles

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FAFSA Updated to Accommodate Same-Sex Parentage

FAFSA Updated to Accommodate Same-Sex Parentage

The changes to FAFSA are considered a step forward for the LGBTQ community.

Elizabeth Hoyt
Published September 29, 2017
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
Does Cash from the Sale of the Family Home Count as an Asset on the FAFSA?

Does Cash from the Sale of the Family Home Count as an Asset on the FAFSA?

Cash on hand must be reported as an asset on the FAFSA.

By The Fastweb Team
Published September 28, 2017
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
Does Parental Support Affect Independent Student Status?

Does Parental Support Affect Independent Student Status?

A student who has one or more dependent children that she supports is considered independent on the FAFSA.

By The Fastweb Team
Published September 27, 2017
Why is Parental Information Required on the FAFSA for a Self-Sufficient Student?

Why is Parental Information Required on the FAFSA for a Self-Sufficient Student?

Find out what makes an "independent" student an independent student.

By The Fastweb Team
Published September 26, 2017
Confusion about Reporting Custodial 529 College Savings Plan Accounts on the FAFSA

Confusion about Reporting Custodial 529 College Savings Plan Accounts on the FAFSA

My daughter is a freshman (in college) and lives more than 50% of the time with her mother who is the custodial parent. Her mom and I have been divorced for ...

By The Fastweb Team
Published September 26, 2017
Who Completes the FAFSA When a Student Lives with his Grandparents?

Who Completes the FAFSA When a Student Lives with his Grandparents?

Grandparents and other relatives may not substitute their information for the parent's information on the FAFSA.

By The Fastweb Team
Published September 26, 2017
Does the Cash from a Cash-Out Refinance Count as an Asset on the FAFSA?

Does the Cash from a Cash-Out Refinance Count as an Asset on the FAFSA?

Money in a bank or brokerage account counts as an asset on the FAFSA.

By The Fastweb Team
Published September 22, 2017
How Can One Shelter Parent Assets on the FAFSA?

How Can One Shelter Parent Assets on the FAFSA?

Money in savings count as assets on the FAFSA and may affect financial aid eligibility.

By The Fastweb Team
Published September 14, 2017
What Income is Listed on the FAFSA when Separated Parents File a Joint Tax Return?

What Income is Listed on the FAFSA when Separated Parents File a Joint Tax Return?

I am praying that you may be able to advise me on the FAFSA application. I am a senior in high school and will file the FAFSA in October. I live ...

By The Fastweb Team
Published September 13, 2017
Must a Trust Fund be Reported on the FAFSA Even If Access to the Trust is Restricted?

Must a Trust Fund be Reported on the FAFSA Even If Access to the Trust is Restricted?

Find out how different types of trust funds are treated on the FAFSA.

By The Fastweb Team
Published September 12, 2017
2017-18 FAFSA Changes: What Prior-Prior Year (PPY) Means for You

2017-18 FAFSA Changes: What Prior-Prior Year (PPY) Means for You

The change will allow students to report tax information from a prior-prior tax year (PPY) allowing tax information from two years ago.

Elizabeth Hoyt
Published September 7, 2017
Top 5 Common FAFSA Mistakes

Top 5 Common FAFSA Mistakes

Avoid making these mistakes when you file the FAFSA this year.

By Kathryn Knight Randolph
Published September 7, 2017
After the FAFSA: What to Do Once You’ve Submitted Yours

After the FAFSA: What to Do Once You’ve Submitted Yours

Once you've submitted your FAFSA, you may have questions or changes to the document. Here's what you should expect and how to make edits.

Elizabeth Hoyt
Published September 7, 2017
Could You Be Giving Away Too Much on the FAFSA?

Could You Be Giving Away Too Much on the FAFSA?

What your FAFSA says about your first choice college.

By Kathryn Knight Randolph
Published September 7, 2017
FSA ID FAQs

FSA ID FAQs

You’ll need a FAFSA ID in order to fill out your FAFSA this year!

Elizabeth Hoyt
Published September 7, 2017
The New FAFSA: What’s In It for You?

The New FAFSA: What’s In It for You?

Benefits of the new FAFSA release date -- October 1.

By Kathryn Knight Randolph
Published September 7, 2017
When is Real Estate Reported as a Business Asset on the FAFSA?

When is Real Estate Reported as a Business Asset on the FAFSA?

There are two ways in which real estate can be reported as an asset on the FAFSA.

By The Fastweb Team
Published September 7, 2017
Is There Any Way to Shelter Retirement Plan Distributions on the FAFSA?

Is There Any Way to Shelter Retirement Plan Distributions on the FAFSA?

Retiremend plans and distributions on the FAFSA.

By The Fastweb Team
Published September 6, 2017