Good Financial Reads: Your Student Loan Questions Answered (Part Two)

So if you have kids who are nearing college age, or in college, you’re probably familiar with some of these acronyms or buzzwords: FAFSA and what it is.

So we’re going to touch on what it is, who it’s for, and is it even worth filling out.

For the previous FAFSA FAQ discussion, we talked about who it was for and what it was. As a recap, it is student aid, and these could be grants or loans, for students who are nearing college, or who are in college.

Now let’s get let’s dig into more of the details. With the FAFSA, what is the expected family contribution?

Today we’re going to finish our three part series, talking about FAFSA FAQ. And more of the details, as we lead up to the October 1st date, where you can actually start filing for FAFSA.

October 1^st is somewhat special here in New England. Summer is officially done, leaves are changing, and some years (but not this one) we even have fall baseball!

For those with college students, it’s also the beginning of FAFSA season.

The Free Application for Federal Student Aid is now available for the 2020-2021 academic year. The FAFSA form is the ‘ticket’ that admits the student to the entire world of financial aid.  It’s a really big deal for most applicants.