Paying For College

Does “Surrogate Son” Count as Household Member

Question: We have a young man who is our “surrogate child” for lack of a better term. For about a year now, he has lived with us during his breaks when he is not at college and we contribute towards his support by providing him room and board when he is here, buying him some ...

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FAFSA Deadlines and Help

Question: What is the deadline for completing my FAFSA and who can help me? You’ll find FAFSA deadline information here: http://www.fafsa.ed.gov/deadlines.htm You should also carefully check the Web sites for all of the colleges to which you’re applying to see what each deadline is. You can find this information on the financial aid pages. Make ...

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Federal Aid for Green-Card Holder?

Question: My daughter is a resident alien (green card holder). Does she qualify for any federal loans? When it comes to financial aid issues and international students, “The Dean” has to dole out a lot of bad news. So, in this case, I’m delighted to be able to give good news for a change. As ...

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Financial Help for First-Generation Student From Kentucky

Question: I’m a currently a high school senior in Kentucky and I will be the first member of my immediate family to go to college. I looked at the Coca-Cola scholarship, but the form I found is only for Alabama and the links to one of the sites will not open. I’m unsure of what ...

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Must Stepfather’s Income Be Part of Financial Aid Formula?

Question: My mother got remarried several years ago. My stepfather is the only one who works, and he makes too much money for us to qualify for financial aid. Can I just use my mother’s information when filling out my financial aid forms? Unfortunately, if your mother is your custodial parent and she is remarried, ...

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Can Dad With Lower Income Serve as Primary Parent on FAFSA?

Question: My daughter is about to fill out the FAFSA. Her mother and I are divorced. Mom’s yearly income is higher than mine. Mom has been claiming her as a dependent on her tax returns (while I’ve been claiming our son). Will red flags be raised if my daughter lists me as the primary provider ...

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FAFSA Changes for 2011

With the down economy, the importance of financial aid and scholarships is more important than ever for parents and students alike.  Filling out the FAFSA forms is a crucial step in this process but anyone who has tried to fill out these forms know that they can be confusing.  2011 also brings several changes to ...

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Student Loans for Pizza and Beer?

I’ve posted here a number of times about the rising crisis of student loan debt. College graduates gathering $50,000 to over $100,000 in student loan debt are becoming more and more common. That’s semi-mind boggling when you consider the huge term of repayment, the likelihood of default (with the attending credit rating damage), and the ...

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College Cash for Christmas

Thanks to the global connectivity potential of the Internet, my blog here attracts all kinds of press releases from PR and other marketing-related firms. Some of these releases are helpful while others make little effort to obfuscate their desire to push products or services. Of course, this is the price we pay for being able ...

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