Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
November 24, 2021
How grandparents can help with college costs without hurting financial aid chances
Upcoming changes to the Free Application for Federal Student Aid (FAFSA) will make it easier for grandparents, aunts and uncles, godparents and anyone else outside the nuclear family to help with college costs without hurting eligibility for financial aid. Before explaining the change, it’s important to understand what the situation is right now. Currently, parents are supposed to share on...
January 19, 2021
New FAFSA Changes – Winners and Losers
The Free Application for Federal Student Aid will be undergoing significant changes soon and families, who hope to obtain financial aid, need to prepare for the FAFSA changes. Tucked into federal pandemic relief legislation that Congress passed during the Christmas holidays, was a dramatic overhaul to the FAFSA and financial aid rules. Last week, I talked to Mark Kantrowitz, a...
September 24, 2015
No More Financial Aid Rush
One of the most unpleasant aspects of filing for financial aid is how rushed the process has always been. The Free Application for Federal Student Aid isn’t released until Jan. 1 each year, which has never given parents much time to file for financial aid. This is especially true since families need their tax returns finished before finalizing the FAFSA....