Category Archives: FAFSA

Little-Known Secrets for Paying for College Recording

Worried about how you’re going to pay for college?  Listen to this recording of a recent webinar with Klaar College Consulting and the College Funding Coach.  The actual recording starts at minute eight, so please move the bar up to that point to begin listening.

Some of the financial topics covered include:

  • Using student loans to manage cash flow.
  • If you refinance your home to cover college costs, have a plan to pay it off.college consultant SC
  • How to tap into other people’s money, such as with private scholarships.
  • Understanding the family’s Expected Financial Contribution.
  • What is need-based financial aid.
  • How the 529 Plan works in S. Carolina.

Additionally, I talk about how parents should get together with their students at the beginning of their freshman year to put together a four-year plan leading up to applying for and getting admission to a college that’s a good fit and match (see below). For example, the student could start out with a few honors classes and then take AP courses.  Colleges want students who have challenged themselves with a rigorous curriculum.

There’s nothing worse than graduating with a 4.0 but no challenging classes.  Colleges ask “Where was the rigor, the intellectual curiosity?” Colleges also want students who have tried different things and are well-rounded.

Although college costs are soaring, a state college is not necessarily less expensive than a private college.  Private colleges have endowments, and if your student is someone they really want, they will offer grants that may make college far more affordable.

The importance of Fit and Match:

  • Will the student like other students there?
  • Will he like the campus and surroundings? Is your student more comfortable in a contained campus with lots of open spaces, or one that’s large and crowded in a city? Close to the beach or the mountains?
  •  How about activities outside the classroom?  This includes more than sports – there’s drama, debate, Model U.N., Beta Club Community service, and more.
  • Also consider the weather.  A northern campus that’s pleasant in summer may be freezing cold in winter!

A good fit and match mean your student is much more likely to graduate in four years, and not transfer to another college and lose precious credits.  My students almost all graduate in four years, but the average graduation time is a pricey six years!

Little-Known Secrets of Paying for College

I am excited to announce that Klaar College Consulting will be co-hosting two free webinars with The College Funding Coach® on July 15th at 12 noon and 6:30 p.m. This virtual event on “Little-Known Secrets for Paying for College” is for any family wanting to learn how to pay for college (designed for families with students in grades K – 12). 

The College Funding Coach® was founded in 2002 to help families better understand the  complexities of paying for college and how to make higher education more affordable. They have established an approach that helps parents understand the college funding process, reduce their out-of-pocket expenses, and balance the challenge of saving for college and retirement simultaneously.

July 15 Zoom webinars:

12:00 – 1:30 PM Session – CLICK HERE
6:30 – 8 PM Session – CLICK HERE

Specific financial topics include:

  • Using student loans to manage cash flow.
  • If you refinance your home to cover college costs, have a plan to pay it off.
  • How to tap into other people’s money, such as with private scholarships.
  • Understanding the family’s Expected Financial Contribution.
  • What is need-based financial aid.
  • How the 529 Plan works in S. Carolina.

Additionally, I’ll be talking about  how parents should get together with their students at the beginning of their freshman year to put together a four-year plan leading up to applying for and getting admission to a college that’s a good fit and match (see below). For example, the student could start out with a few honors classes and then take AP courses.  Colleges want students who have challenged themselves with a rigorous curriculum.

There’s nothing worse than graduating with a 4.0 but no challenging classes.  Colleges ask “Where was the rigor, the intellectual curiosity?” Colleges also want students who have tried different things and are well-rounded.

Although college costs are soaring, a state college is not necessarily less expensive than a private college.  Private colleges have endowments, and if your student is someone they really want, they will offer grants that may make college far more affordable.

Another topic I talk about is  the importance of Fit and Match:

  • Will the student like other students there?
  • Will he like the campus and surroundings? Is your student more comfortable in a containedSummer college prep campus with lots of open spaces, or one that’s large and crowded in a city? Close to the beach or the mountains?
  •  How about activities outside the classroom?  This includes more than sports – there’s drama, debate, Model U.N., Beta Club Community service, and more.
  • Also consider the weather.  A northern campus that’s pleasant in summer may be freezing cold in winter!

A good fit and match means your student is much more likely to graduate in four years, and not transfer to another college and loose precious credits.  My students almost all graduate in four years, but the average graduation time is a pricey six years!

This is a free educational event. Please register by clicking below. For questions, contact me at [email protected]

July 15 Zoom webinars:

12:00 PM Session – CLICK HERE
6:30 PM Session – CLICK HERE

Simpler FAFSA Helps College Affordability

After a half century of bloated tuition increases, circumstances are reaching critical mass, as has been recently revealed by the Covid-19 pandemic. Demand for bachelor’s degrees has been declining, yet tuition continues to rise. The U.S. is tenth in the world in the percentage of 25- to 34-year-olds who have earned a bachelor’s degree, but first in the amount paid in tuition for those degrees.

A positive step toward solving the affordability crisis was the recent enactment of the FAFSA Simplification Act of 2020, a law designed to simplify the student financial aid process and make it more equitable. Under the law, far more than the current 60% of high school students are expected to submit a FAFSA to obtain their fair share of the $120 billion in financial aid disbursed every year by the Federal government. The more students who receive financial aid, the more of them will be able to afford college. Enrollment will increase accordingly.

The FAFSA Simplification Act of 2020

The FAFSA Simplification Act of 2020 is a 167-page insert to the 5,593-page Omnibus Act for 2021 that was signed into law on December 27, 2020. The primary purpose of the Act is to make it easier to complete the FAFSA so that a larger percentage of students will submit it to obtain the Federal financial aid to which they’re entitled.

Revising the FAFSA is a complex undertaking. It will take time to establish new rules and modify administrative processes, so the changes in the Act won’t go into effect until July 1, 2023, the first day of the 2023-24 academic year. The new FAFSA will be available online on October 1, 2022, so students who are now high school sophomores— the college Class of 2028 — will be the first to use it.

Here’s What the FAFSA Simplification Act of 2020 Does:

1. Increases the Income Protection Allowance (IPA) for dependent students from the current $6,970 to $9,410, a 35% increase. Since student income in excess of the IPA is assessed as an asset at 50% of its value under the FAFSA methodology.  This IPA increase will reduce the existing disincentive for students to seek part-time and summer employment.

2.  Increases the independent unmarried student IPA from the current $10,840 to $14,630, an increase of 35%.

3.  Eliminates the term Expected Family Contribution (EFC) and replaces it with Student Aid Index (SAI). Many parents mistakenly believe that the EFC is the amount they will have to pay for college, but the real figure is often much higher. However, clarifying the terminology won’t help the main problem that parents experience. They still won’t know the actual cost to attend a college until their child has applied to and been accepted by that college.

4.  Expands eligibility for Pell Grants to include incarcerated students.

5.  Changes to the SAI will make it easier to identify the neediest students.

6.  Re-defines Cost of Attendance (COA). COA will include tuition and fees, housing and meals (previously Room and Board), books and other course materials, transportation, personal expenses, Federal loan fees, and any costs associated with obtaining professional licenses, certifications, or credentials. The Act stipulates that the itemized COA must be disclosed on every college’s website.

7.  Increases the amount of the parent IPA that is shielded from the SAI. For a 3-person family, the IPA increases by 20% to $29,040.

8.  Changes the law regarding divorced or separated parents by eliminating the current standard, which is “The parent you lived with more during the past 12 months”. Under the new law, the parent who provides more financial support will be the parent required to report income and assets on the FAFSA. This will close a loophole that has been abused by some divorced and separated parents.

9.  Eliminates the question, “Other untaxed income not reported.” Such income as worker’s compensation and veteran’s educational benefits will no longer need to be reported as untaxed student income.

10.  Eliminates the question, “Money received or paid on your behalf.” No longer will a distribution from a grandparent-owned 529 account or a cash gift from relatives be reportable as untaxed student income.

11.  Renames the term Simplified Needs Test to the Applicants Exempt from Asset Reporting. Makes qualification easier by raising the Adjusted Gross Income cutoff from $50,000 to $60,000.

12.  Prohibits colleges and financial aid administrators from establishing a policy that doesn’t allow appeals of financial aid decisions.

13.  Expands the authority of financial aid administrators to exercise professional judgement. It allows them to consider a broader range of special circumstances including natural disasters, national emergencies, recession or economic downturn, and substantial losses in business, investments, and real estate.

14.  Reduces obstacles for homeless and foster youth in accessing Federal aid.

15.  Expands the definition of “independent student” to include students who are unable to contact their parent as well as students for whom contact with their parent would place them at risk.

16.  Removes the suspension of Federal student aid eligibility for individuals convicted of drug-related offenses.

17.  No longer divides the SAI by the number of family members in college. This change will substantially reduce financial aid eligibility for those families with multiple members in college simultaneously.

18.  Prohibits a college admissions consultant or financial aid counselor from charging a fee to help a family with the FAFSA. This means that families will be able to obtain FAFSA assistance only from volunteers.

19.  Makes it easier for the Department of Education and the Internal Revenue Service to share tax data so student aid applications can be processed faster.

20.  Forgives $1.3 billion in Federal loans that were made to Historically Black Colleges and Universities (HBCU’s) for repairs, renovations, and construction.

Changes to the FAFSA Are an Improvement, But…

The new FAFSA is an improvement over the current one in most respects. However, it introduces two changes that run counter to the interests of most families. These are Change 17, below, which removes the accommodation for families with more than one student attending college at the same time, and Change 18, which prevents consultants from charging a fee to assist families with the FAFSA. A summary of the major changes is provided below.

In addition to FAFSA simplification, the Omnibus Act for 2021 included emergency spending to help colleges and students cope with the impact of COVID-19. It also took foundational steps toward fundamental reforms in post-secondary education. The American Rescue Plan (ARP) Act, enacted on March 12, 2021, provided additional funds to colleges and students to cover pandemic-related expenses. It too included provisions that lead to reforms.

saving on college costsEven these two helpful acts of legislation, as welcome as they are, can’t cure what ails college education in America the most — excessively high tuition. No action has been taken on reforms such as debt-free college, the $1.5 trillion in outstanding student debt, the reauthorization of the Higher Education Act, and the unaffordability of most colleges for the average American family. Further work needs to be done in these areas.

Every Year of H.S. Matters in College Admissions!

Most experts consider junior year to be the most consequential in college admissions, and this may well be true. But senior year is nearly as important since it’s the year that you finalize and submit your applications. In both years, you face many choices that have ramifications beyond college and into your career.

It’s not just your years as an upperclassman that count. All four years of high school contribute to your ultimate success. The more you accomplish in the first two years, the less your burden will be in the last two years. The stress can be intense coming down the stretch, so we advise that you plan for each year of your high school career so that, at its culmination, you’re confident and looking forward to what’s ahead.

1. Start Strong Your Freshman Year

 A study by the Brookings Institute found that 9th grade is the most critical year in the College just aheadformation of a student’s potential. Your academic performance as a freshman sets the tone for the rest of your education.

A. Start Out with a High GPA

 Freshman year counts toward your cumulative GPA and has an impact on your final class rank. It’s great for your GPA to be an rising trajectory in junior year, but it’s even better if your record has been so excellent since 9th grade that a rise isn’t even needed.. A high GPA  that doesn’t need to be raised in junior year avoids much of the stress that can burden you as a junior.

B.  Meet with Your Guidance Counselor

 Guidance counselors play an essential role in your college admissions campaign. They’re busy people, so the responsibility is on you to schedule meetings with them. As a freshman, you can start a discussion about your admissions plan.  At this point, getting to know the counselor and giving them the opportunity to know you is your main objective. You’ll be in contact with them often in the coming years.

C. Make the Honor Roll

Making the honor roll in 8th grade will give you the opportunity to take honors courses in 9th and 10th grades. Success in honors courses is likely to enable you to take AP courses as a sophomore and upperclassman. The more AP classes that you successfully complete with a grade of 4 or 5 on the exam, the more likely that you’ll be accepted by the colleges that you target. You may also earn college credits at a number of schools.

D.  Begin Study in a Foreign Language

 Most selective schools require applicants to have two to four years of a single foreign language. Freshman year is the time to commit to the language that you’ll study through high school.

E. Experiment with Extracurricular Activities

 Immerse yourself in several activities that appeal to your interests. Join clubs, organizations, and intramural teams as you see fit. You’ll need time to identify those activities that truly interest you and for which you may also have an aptitude.

F. Use Summer to Your Advantage

The summer after your freshman year is a great time to find a job. If you’re still too young, you can volunteer for a non-profit that appeals to you.  A productive activity is to prepare for the PSAT exam. You may wish to begin to research into which types of colleges represent “best-fit” schools for you.

2.  Take Tests Your Sophomore Year

In your sophomore year, we recommend that you select honors classes in your strongest subjects. You should also assess your extracurricular activities and drop those in which you’re not too interested. Try new ones if necessary. Refine your admissions plan to focus on real choices that you’ll need to make as an upperclassman.

A.  Take the PSAT

 Taking the PSAT prepares you for the SAT in junior year and helps you identify your weak areas so that you can work to improve in them. If you release your name, address, and email to colleges, you’ll receive marketing communications from them.

B.  Practice for the ACT

 Pursue the PLAN Assessment Program offered by American College Testing if you plan to take the ACT exam instead of the SAT. This program assesses the efficacy  your study habits, your academic progress to date, and the intensity of your interests. It also prepares you for the ACT exam itself.

C.  Learn About College Admissions

 Become familiar with college entrance requirements, especially at schools you may feel are potential best-fits. The sooner you know this the better prepared you’ll be. Your guidance counselor’s office will have information about admission requirements, as will libraries, college websites, magazine rankings, and articles in the mainstream media.

 D.  Proceed on Your Academic Path

 Work with your guidance counselor to make sure that you’re enrolled in the courses that best suit your educational goals. You’ll also want to be sure that you’ll have all of your graduation requirements, except senior English,  completed by the end of junior year.

E.  Use Summer to Add to Your Admissions Credentials

 The summer after sophomore year is a good time to find a job. Stead employment every summer appeals to colleges. Use your spare time to prepare for the SAT or ACT exam. You may want to take an elective summer course at your high school or at a local college in the field that you’re considering as a major. Admissions officials will look positively on this as an indication of your desire to learn and work hard.

3.  Steps to Take in Junior Year

Your junior year is the most important in your admissions campaign because it’s the last full year of high school that colleges will see complete data when you apply. It represents you as a more mature student. Colleges use it as source data in their predictive models to project how well you’ll perform as a college student.

A.  Start on Your College List

College Made SimpleEstablish a set of criteria to guide you in building the list of schools to which you’ll apply. Your criteria can include factors such as the size of the student body, faculty-to-student ratio, total annual expenses, core curriculum, majors, degrees granted, geographic location, the nature of the local community, campus setting, campus amenities, work-study programs, and any other factors that you may consider important. By the end of junior year, you’ll narrow the list down to a predetermined number of schools. You should  plan to visit as many of them as possible over the next year.

B.  Plan for Exams

 You’ll be taking the SAT or the ACT and you’ll probably be taking AP exams. Register and mark the dates. Juniors should take the SAT or ACT the in spring so you can take them again in the fall of their senior year if you need to improve your scores. Don’t take them too early to “get it over with.”

C. Hone Your Abilities in Extracurricular Activities

 By now, you should know which activities you’ll list on your applications. Colleges look for commitment and depth, so just one activity is all you need if it fits that description. If you can attain a leadership role or garner an award in your activity, so much the better. Your talent or skill can serve you well, especially if it’s in a niche that colleges seek to fill.

D.  Learn Your Options for Financial Aid

Review the financial resources that will be available to you with your family.  Learn about saving on college costsfinancial aid from public sources, individual colleges, and corporations. High-school sponsored financial aid nights, independent financial aid counselors, and the media will be helpful in your research.

E.  Register for the Optimal Curriculum for Senior Year

 Meet with your guidance counselor to select classes for your senior year. Make sure that you’ll graduate with all the courses that you’ll need for admission to specific schools on your list. Colleges consider the rigor of the curriculum of seniors as well as their grades when they’re available.

F.  Reach Out to Letter of Recommendation Writers

Most requests for letters of recommendation are directed to guidance counselors and a small subset of teachers. These individuals receive an enormous number of requests. If you wish to obtain a letter from one of them, ask them as a junior so that they’ll have notice before the fall semester crush. Be sure that they’ll have only positive comments and that you won’t be “Damned by faint praise.”  You can also elicit a letter from a coach, the leader of one of your organizations, or an employer, as long as they know you well.

G. Visit Colleges

Campus visits require planning, especially if you wish to arrange for an admissions interview. Contact the admissions office to set up an interview, a guided tour, and a meeting with a faculty college visitsmember and a student in the department of your planned major. There will be opportunities later to visit campuses, but it’s a good idea to start as a junior, especially with schools where you may want to apply through an Early Admissions program.

H. Make the Best of your Junior Summer

 Admissions officials are impressed by applicants who have worked within their planned field of study as interns or employees. If you have an opportunity to secure such a position, then by all means do so. It’s also time to start working on your essays and personal statements.

If possible, take a summer college course in your planned major to demonstrate your commitment to your planned field of study and to prove that you’re capable of college work.

4.  How to Master Your Senior Year!

Seniors who plan to attend college are very busy people! What has seemed far in the future is now upon you — crunch time to prepare applications that will secure your admission to your best-fit schools.

A.  Finalize Your College List

 For most students, the final list should be pared down to a predetermined number of schools. With too few schools on the list, you won’t be spreading your risk sufficiently. With too many schools, you’ll dissipate your focus and effort. A good number to reach for is 8 to 10 colleges that are a good Fit and Match for you.

B. Paying for It

 When finalizing your college list, ask a very important question — can you handle it Paying for collegefinancially? October 1 is the first day that a student applying for financial aid can access, complete, and submit the FAFSA and CSS/PROFILE forms. These forms require a great deal of effort by you and your parents. The deadlines vary by college, but a head start is helpful.

C. Write Your Essays

 Allow plenty of time to brainstorm topics, outline, draft, and polish your essays and personal statements. This is crucial, especially if you are applying to schools that require supplemental essays. Essay questions are broad, which can make it difficult to know how to relate the topic to your life. Obtain input from others on your topics and approach. Be wary of having too many adult editors.

 D. Complete and Submit your Application 

 Work hard on your applications. If you’re applying for Early Admission to any schools, the usual  deadline is November 1. For Regular Decision, the deadline is usually January 2.

You may be able to choose which application platform to use. If possible, use only one. The Common App is accepted by nearly 900 colleges and many schools that accept other apps also accept the Common App.

E. Submit Senior Fall Semester Grades

 As soon they’re available, send your fall semester grades to the schools to which you’ve applied. This will be after you’ve submitted the application, but admissions officers want to be able to incorporate the data into their decision.

F.  The Decisions of Your Colleges

 Acceptance, rejection and waitlist letters arrive between late February and  early April. You college decisionsusually have until April 30 to accept an offer of admission. Don’t put too much faith in waitlists. Among the colleges that use them, only a small percentage of waitlisted students ever receive an acceptance letter.

G.  Make Your Decision

 If you’re accepted to more than one school, weigh all options. Talk with parents, other family members, teachers, mentors, and friends. Examine available financial aid and the total expenses at each school. If possible, visit the campuses of your two finalists to compare them closely.

H.  Final Steps

Colleges have a deposit deadline of May 1st. Once senior year is over, send your final high school transcript to the college you’ll be attending. These grades may help you secure a scholarship or qualify for a competitive academic program. If you took AP classes during senior year and have passed the national exams with a score of 4 or 5, you may be able to earn college credits and skip a required course.

Conclusion

Seeing the number of steps above, you, as a student or parent, might think that this is more than enough to do to prepare for admission to college. In fact, this is a partial list consisting of major tasks. Lesser tasks requiring little time have been omitted. But, just because they’re minor doesn’t mean these small tasks can be omitted.

The best way to accomplish all tasks that will lead to acceptance at your best-fit colleges is to hire Klaar College Consulting. Dr. Charlotte Klaar takes a no-nonsense, no-excuses approach as she works with students to make the entire college admissions process, including college search, application completion, and essay-writing, a delightful adventure of self-discovery and personal growth. Along the way, she helps students learn to make more informed decisions and to own the results.

Why You need to Complete the FAFSA Even if You Don’t Apply for Financial Aid

The 2019 FAFSA becomes available on October 1, 2018 and should be FAFSAcompleted as soon as possible after that date. You can find it at www.FAFSA.gov Even if you do not plan to apply for financial aid, you should file a FAFSA because there are some merit scholarships that you cannot get unless there is a FAFSA on file.  (I know! That is ridiculous but it is fact.)

I came across this tutorial and it may be helpful to you:

https://www.finaid.ucsb.edu/Media/FAFSASimplification/index.html 

Here are some additional tips from a colleague, Jeff Levy, of the California-based Personal College Admissions:

  • About 250 colleges and universities also require you to submit the CSS/PROFILE. This can be accessed and submitted at https://cssprofile.collegeboard.org/beginning October 1, 2018.
  • The deadline to submit these forms varies college to college. Check each college’s website or financial aid office to find out the final deadline for each. Missing these deadlines will seriously impact your child’s eligibility for financial aid.
  • A growing number of colleges now have a November 1 or November 15 financial aid deadline for Early Decision and Early Action applicants.

How to get started with the FAFSA:

  • The FAFSA belongs to the student, although many parents complete this FAFSAform on their child’s behalf. To begin the FAFSA, the student must create their own FSA ID (Federal Student Aid identification number). This ID is like an electronic fingerprint, and each person wanting to access a student’s FAFSA will need their own. Here are step-by-step instructions on how to do this:
  • ttps://ifap.ed.gov/eannouncements/attachments/050415FSAIDReplaceHowToCreateFSAIDGuideATTACH.pdf
  • Parents wanting to complete the FAFSA on their child’s behalf will need their own FSA ID.

 Who should file the FAFSA and/or the CSS/PROFILE:

  • Anyone wanting to receive need-based aid who believes they might qualify
  • Anyone who thinks they may require financial aid at any point during their child’s undergraduate career. Many colleges will not consider a financial aid application from a current student admitted as a full-pay freshman if they did not submit the FAFSA
  • Anyone who expects to have two or more children in college at the same time, which significantly lowers the threshold for need-based eligibility
  • Anyone applying for merit aid at institutions that require either the FAFSA or PROFILE for consideration for such awards

If you have any questions about whether or not you should file, please contact me directly during the next few weeks: [email protected] or 803-285-1920.

Need admissions help? Get it at this free webinar

Need College Admissions Help?

Join our FREE College Admissions webinar and get the answers you need!

Wednesday, March 7 at 3 p.m., 5 p.m. and 7 p.m. ET

  • Help with your FAFSA form?
  • Looking for Financial Aid?
  • Need Help Applying for Student Loans?
  • Getting Writer’s Block on Your Important College Essay?

Dr. Charlotte Klaar, PhD, one of the nation’s top college consultants, has led hundreds of students to college success. Dr. Klaar’s College Smarts program can do to the same for you!

After all, there’s a lot at stake for you:

  • Tuition for a 4-year degree ranges from $100,000 up to $185,000!
  • There are more than 3,500 colleges nationwide.

“Essays are not about facts and figures – they’re about the student. Charlotte helped Carolyn discover her inner passion which brought out her creativity and personality in her essay – a guidance counselor with 500 students wouldn’t have done that. Charlotte helped us understand what was important to highlight about our daughter’s strengths and accomplishments in her college applications – and that’s what got her accepted!”  – Proud parents of Carolyn W., MD

Are you interested in checking out the College Smarts program without attending the webinar?  Visit College Smarts.

FAFSA Opens October 1 – Act Now!

In this post I’m sharing some excellent information from a colleague, Jeff Levy, of Personal College Admissions, a California college consulting firm.

FAFSAOctober 1 is the first day that anyone expecting to apply for financial aid can access, complete, and submit the FAFSA and CSS/PROFILE.

Here’s what you need to know about these forms and their deadlines:

    • All institutions require submission of the FAFSA for financial aid consideration. For current high school seniors expecting to attend college next year, the 2018-2019 FAFSA can be accessed and submitted at https://fafsa.ed.gov/ beginning October 1, 2017.
    • About 250 colleges and universities also require submission of the CSS/PROFILE. This can be accessed and submitted at https://cssprofile.collegeboard.org/ beginning October 1, 2017.
    • The deadline to submit these forms varies college to college. It is necessary to check each college’s website or financial aid office to know the final deadline for each. Missing these deadlines will seriously impact your child’s eligibility for financial aid.
    • A growing number of colleges now have a November 1 or November 15 financial aid deadline for Early Decision and Early Action applicants.

Here’s what you need to know to begin:

    • The FAFSA belongs to the student, although many parents complete this form on their child’s behalf. To begin the FAFSA, the studentFAFSAmust first create their own FSA ID (Federal Student Aid identification number). This ID is like an electronic fingerprint, and each person wanting to access a student’s FAFSA will need their own. Here are step-by-step instructions on how to do this:
    • ttps://ifap.ed.gov/eannouncements/attachments/050415FSAIDReplaceHowToCreateFSAIDGuideATTACH.pdf
    • Parents wanting to complete the FAFSA on their child’s behalf will need their own FSA ID.

 Here’s who should file the FAFSA and/or the CSS/PROFILE:

    • FAFSAAnyone wanting to receive need-based aid who believes they might qualify
    • Anyone who thinks they may require financial aid at any point during their child’s undergraduate career. Many colleges will not consider a financial aid application from a current student admitted as a full-pay freshman if they did not submit the FAFSA
    • Anyone who expects to have two or more children in college at the same time, which significantly lowers the threshold for need-based eligibility
    • Anyone applying for merit aid at institutions that require either the FAFSA or PROFILE for consideration for such awards

If you have any questions about whether you should or should not file, please contact me directly during the next couple of weeks, [email protected] or 803-285-1920.