Financial Aid – Changes in the FAFSA and tips to fill it out

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The first thing that has changed on the FAFSA website is the renewal form is missing. In the drop-down menu on the website you will see that there are previous-year Renewal FAFSA forms but there was no renewal form for the year 2008-2009. Still relatively new to this year’s 529 plan, whether it is a prepaid tuition plan or whether it’s college savings plan is treated as a property owner of the account is usually a parent. So if you happen to have a 529 savings plan set up, in order to be counted against the student is considered the property of the parents, which means that its impact on financial aid eligibility is much lower this year.

When you plan FAFSA filing your FAFSA website, you will find that the interface is not great and it is very easy to get lost. So there’s a couple of things to keep in mind. First, to not hit the ‘back’ or you’ll get a lot of errors, and the second is to keep an eye out for the “Save” button at the bottom. Press the “Save” button at any time and save FAFSA results so that you are sure to lose anything in the process.

Contrary to popular belief, the FAFSA is still accepted on paper. So if you are an individual who chooses to filing the FAFSA on paper it still exists, however, may not be motivated. The Department of Education does not provide a paper FAFSA longer, so you will now have to go to their website and print out your own and send it. Also, you should have a school number figured out in advance. When you file a FAFSA online by the official website of the state, they have a search function to find out what school you’re going to.

A lot more people this year seem to be talking about the FAFSA services have been asking them to pay money. You do not have to pay for the FAFSA at any point for any reason. If you go to a website that is asking you to pay for FAFSA you do not, although they may be useful in gaining more information about other types of financial or government funding to help you out.

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