In this article, we’ll answer some of the most common questions about your inheritance, the FAFSA, and college financial aid. Find out if you need to report an inheritance on the FAFSA, how it can impact college financial aid, and how to keep your inherited assets from reducing your financial aid eligibility.
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8 Inherited Assets and How They Impact College Financial Aid
When you receive an inheritance, the financial assets that you inherit can potentially have a hugely negative impact on college financial aid. In this article, we’ll take a look at the eight types of inherited assets, how they affect financial aid eligibility, and the smart strategies you can use to help you minimize any negative impact on college.
9 Things Parents Should Know About PLUS Loans
Every parent should know about PLUS Loans. Here’s how they can help fill the gap that financial aid doesn’t cover and even cover your entire college costs. Almost any parent can qualify, so read my article to learn more.
6 Ways to Pay for College
If you have a child who’s heading off to college soon, you might be wondering how you’re going to pay for the costs. There are only six ways to pay, and most families will use a combination of some or all of them. Here’s a breakdown of the six ways to pay and some important things to keep in mind for each one.
Questions to Ask Your Financial Advisor About College Planning
If your family has a financial advisor or you’re looking to hire one to help you with college, it’s crucial to make sure you ask the right questions and make sure you’re working with someone who has the right expertise in retirement, college, investing, and overall financial planning. Here’s what to ask and how to evaluate the answers.