Follow This Important Advice When Filling Out The FAFSA

October 5, 2017

 

In the college world, it is not a four-letter word but a five-letter acronym that causes a universal cringe across the country. FAFSA, or the Free Application for Federal Student Aid, is that acronym. This 130+ question form is a requirement to receive any kind of grant, scholarship or federal loan and it uses a formula to determine each family’s Expected Family Contribution or EFC. Given the importance of the FAFSA, it’s important to understand the basics.

 

The first important point to understand about the FAFSA is that it is wise to file the FAFSA as early and as accurately as possible. This is crucial because the FAFSA is available for submission on October 1st and aid is determined on a first come, first served basis each school year. The tax year that matters on the FAFSA is the year two years prior to the student’s freshman year of college. For example, an incoming college freshman in 2018 will need to utilize the 2016 tax return information.

 

It’s also important to note that retirement assets should not be included on the FAFSA. There are dozens of things to remember and pitfalls to avoid, hence the universal cringe when the acronym is mentioned. FAFSA!


Wanna Learn More?

 

Your chance to learn it all…

 

Take a personalized look at your family’s specific college situation– absolutely free.

 

I will walk you through a blueprint… including whether or not you can lower your expected family contribution (efc) – and maximize your eligibility for financial aid. You don’t know what you don’t know. I will fill you in.

 

Sign up for your free analysis today by emailing,
jgh@wealthcreate.net

 

To your financial health!

 

JG HernandezAriano

Share on Facebook
Share on Twitter
Please reload

Featured Posts

A How To For Financial Aid: The Things You Need To Know

April 1, 2016

1/1
Please reload

Recent Posts
Please reload

Archive
Please reload

Search By Tags

I'm busy working on my blog posts. Watch this space!

Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
CONTACT US
  • White Facebook Icon
  • White Twitter Icon
  • White LinkedIn Icon
  • White Yelp Icon
  • White Google+ Icon
  • White YouTube Icon

WOODLANDS    460 Wildwood Forest #110 Spring, TX 77380

DALLAS               325 N St Paul St #3100 Dallas, TX 75201

SAN ANTONIO  300 Convent St #1330 San Antonio, TX 78205

OKC                     101 Park Ave #1300 Oklahoma City, OK 73102

EL PASO              221 N Kansas St #700 El Paso, TX 79901

CHICAGO           125 Wacker Dr #300 Chicago, IL 60606

MINNEAPOLIS   901 Marquette Ave #1500 Minneapolis, MN 55402

CINCINNATI      201 E Fifth St #1900 Cincinnatti, OH 45202

CLEVELAND     2000 Auburn Dr # 200 Beachwood, OH 44122

Email                   welcome@wealthcreate.net
Tel                        1-800-700-0095

Fax                       1-832-308-9020

unnamed.jpg
TCA.png

For any general inquiries, please fill in the following contact form:

© 2016 by WealthCreate. Houston, TX. All rights reserved