August 3rd
Understanding FAFSA & Financial Aid for College - Interview with Jeanette Rojas (Part 1)
NOTE FOR 2023 ONLY: The FAFSA will open in December 2023 due to a new timeline from the Department of Education. It will return to its October opening date in 2024.
UPDATES SINCE RECORDING: Families with an Adjust Gross Income (AGI) over $60,000 who own farms or small businesses with fewer than 100 employees will now have to include those assets.
Austin and Spencer talk with special guest Jeanette Rojas, an expert in understanding the Free Application for Federal Student Aid (FAFSA) and its role in determining college financial aid. Jeanette shares essential tips and insights for completing the FAFSA, demystifying the process and common pitfalls.
They cover topics like Pell Grants, subsidized and unsubsidized loans, and how to list college choices on the form. Learn valuable information to make college more affordable and accessible for students and their families.
Tune in next week to watch the second part for in-depth scenarios and senior year timeline.
This content was written by Spencer S. Hall CFP®, RLP ®, CKA ®, MBA, MDiv
Spencer is a Certified Financial Planner™ with 14 years in the field of retirement and financial planning. As a second-generation financial advisor at Retirement Planning Services, Spencer brings a wealth of experience and passion to help clients align their wealth with their core values.
Advisory services offered through Retirement Planning Services, LLC.
The information in this article is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.