In a recent article published in LancasterOnline, Tim Decker was called upon to offer his insight on how to improve the FAFSA application process and how plan ahead to maximize the aid you are able to get.
"More than anything else, the single mistake mistake I see is that people don't think about it years in advance...Proactive planning can increase you eligibility."
How your assets are held, who holds them and where they are invested all help to determine your expected family contribution once you complete the FAFSA, Decker says. Managing your assets wisely in the years leading up to college can help you secure the most financial aid.
Once you sit down to file the FAFSA, however, "your assets are where your assets are," Decker says. But there are still things you can do to ensure you get the most aid possible.
This article was also published in Lancaster Online on January 27, 2016.
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