Learn What’s Next After Submitting the FAFSA

Hi Friend,

Happy New Year! As January rolls in, all high school seniors should have already submitted the financial aid forms, including the FAFSA and CSS Profile. If you haven’t already done so, do it now.

After submitting the FAFSA, it’s important to think about the next steps and how to keep track of any further requirements to ensure the most favorable outcome and minimize expenses related to your child’s college education. Overlooking a requirement or missing a deadline could result in the loss of important financial aid.

The expense of attending college is a factor that most families must plan for and over the past thirty years, college tuition “sticker prices” have nearly doubled due to inflation at both public and private four-year institutions. Learn about factors that contribute to the rise in college pricing and how financial or merit-based aid can reduce the net cost, allowing many families to pay less than the listed prices. 

Navigating the path to college can be daunting for both students and their parents. To find more guidance on managing this journey, visit westfacecollegeplanning.com.

– Trixie
 

College ‘Sticker Prices’ Have Risen Dramatically. Here’s Why

Over the last 30 years — average tuition for both public and private four year colleges has essentially doubled after adjusting for inflation.

It really does feel like tuition is always rising. I found a New York Times article from 1970 noting that tuition at Harvard University for the coming year was going to jump – by $200 – from $2,400 a year to $2,600 (which would be about $21,000 today when adjusted for inflation).

You’ve Applied for Financial Aid — What Comes Next? 

Submitting the FAFSA is a major milestone in securing financial aid for your student. However, the process doesn’t end there. Many colleges require additional forms and documents to ensure your family receives the maximum aid available.  

Overlooking a requirement or missing deadline can cost your family valuable federal, state, or institutional aid.

How to Survive Paying for College Free On-Demand Webinar

Enroll in our FREE on-demand webinar and learn how to calculate: 

• Expected Family Contribution (EFC)
• Cost of Attendance (CoA)
• FAFSA and CSS profile
• Public versus private costs
• How you can afford college without jeopardizing retirement

Enroll for free now! Just click the button below!

Westface College Planning is here to help ensure your planning is where it needs to be. For more information go to westfacecollegeplanning.com.