Did you know that you can negotiate your financial aid offers?

December 2023, but as of Summer 2023, no exact date has been assigned.

(1) As in previous year, the tax return from the prior prior year will be used.

(2) Untaxed income is no longer needed.

(3) There will be less aid for families with multiple children in college.

(4) There will be an increase in financial aid for single parents.

To apply for financial aid, you typically need to complete the Free Application for Federal Student Aid (FAFSA). This form collects information about your financial situation and is used by colleges, universities, and other financial aid providers to determine your eligibility for various types of aid.

Financial aid can come in various forms, including grants, scholarships, work-study programs, and loans. Grants and scholarships are typically awarded based on financial need or academic achievement and do not need to be repaid. Work-study programs provide part-time employment to help cover educational expenses. Loans, on the other hand, need to be repaid with interest.

Financial need is determined by assessing your family's financial resources and comparing them to the cost of attending the educational institution. Factors considered may include income, assets, family size, and the number of family members attending college. The specific formula used to calculate need varies depending on the financial aid program and the institution.

It's important to apply for financial aid as early as possible. The FAFSA becomes available on October 1st each year, and many financial aid programs have limited funding that is distributed on a first-come, first-served basis. Deadlines for financial aid applications vary among institutions, so it's crucial to check the specific deadlines for each school you're interested in.

Yes, you can appeal your financial aid award if you believe there are circumstances that were not adequately considered in the initial assessment. Common reasons for appealing include changes in your family's financial situation, medical expenses, or other special circumstances. Contact the financial aid office at your institution to learn about their specific appeals process and deadlines.

Yes! Everyone can benefit from financial advising. We can help you make your best financial decisions at any income level.

We will work with you to help you establish the right balance of risk to reward for your investments. 

Yes, life insurance is an important part of planning your estate and protecting your legacy.