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.
college financial aid
Inheritance and College Financial Aid: What Beneficiaries Need to Know
An inheritance can be a financial windfall if you’re a beneficiary, and one of the most common ways that people use money that they’ve inherited is to help pay for college costs. However, if you’re not careful and don’t understand the assets you’re inheriting or how to manage them properly, you could end up losing a lot of money. Here is what you need to know and how to avoid the biggest mistakes with inherited assets.
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.
The 5 Types of Federal Financial Aid
Most college financial aid and loans are based on federal grants, funds, and subsidies provided by the U.S. Department of Education.
There are a total of five types of federal financial aid, and it’s important to understand each one, whether it will be available to your family, and what it might mean for you.
New Rules for Federal Student Loans and Financial Aid (2025-26)
Significant new rules changes are going into effect in 2025 and 2026 for federal student loans, financial aid, and Pell Grants. Here’s what parents and families need to know about these new changes and how they might impact your student.
When College Will Be More Complicated for Your Family
Planning for college is a major task for every student and family, but if you’re in one of 11 key categories, it gets more complicated. In this blog article, I’ll show you the categories of families and students where college planning gets more completed, how things will be different for financial aid and important tasks you need to complete, and the challenges and opportunities available to you.