May 2, 2010
FAFSA
Many parents want to know how to plan for the financial aspect of college admissions. To this end, the U.S. Department of Education has a simplified version of the FAFSA (Free Application for Federal Student Aid) that helps families get a preview of the financial aid for which they might be eligible. Their site also offers advice on how to pay for college.
This is the link:
http://www.fafsa4caster.ed.gov/
Students complete the FAFSA after January 1 of their senior year.
PROFILE
Just so you know, College Board offers PROFILE, a financial aid form that is used by many private colleges. Here is that link:
https://profileonline.collegeboard.com/
Here is another link on the College Board website that identifies the colleges, universities and scholarship programs that make use of the PROFILE:
https://profileonline.collegeboard.com/prf/PXRemotePartInstitutionServlet/PXRemotePartInstitutionServlet.srv
Students can complete the latter form during the fall of their senior year.
THE COLLEGE SOLUTION BLOG
Lynn O’Shaughnessy is a respected blogger about admissions and financial aid, as well as a contributor to CBS’s Moneywatch.com. If you are interested in how to pay for college, her www.thecollegesolutionblog.com offers wonderful insights and advice.
One blog she wrote in January about how colleges allow families to shelter a fair amount of their savings from FAFSA financial aid calculations may be of interest to you. The link is:
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