Understanding College Costs: Free Application for Federal Student Aid FAQs
Description
In this episode, Kat explains and defines the most frequently asked questions from families as they are filling out the FAFSA including assets that are included/not included, which parent reports their financial information for different family circumstances, and more.
Links In This Episode:
Definitions of Dependent/Independent Student Status: https://studentaid.gov/apply-for-aid/fafsa/filling-out/dependency
Which Parent Will Be Reported on the FAFSA? https://studentaid.gov/apply-for-aid/fafsa/filling-out/parent-info
Details About Reporting Parent Assets:
https://studentaid.gov/help-center/answers/article/fafsa-question-total-amount-of-parents-asset-net-worth-exceed-amount-listed
Business/Farm Definitions:
https://studentaid.gov/2021/help/parent-current-business-investments-farm
United States
