Filling out the FAFSA when there are divorced parents

broken heart

Completing the FAFSA when parents are divorced is one of the most confusing scenarios for families, because custodial terms and who claims the child on the tax return do not necessarily apply. Further complicating things is that the rules for divorced parents are changing along with a number of other key FAFSA changes starting with…

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Insider tips for the week of May 31, 2021

college magic

  College magic – Forbes has an excellent article on how college, if done right, can be a life-altering experience with lifelong benefits. Not enough students experience the most important elements of college, what researchers call the “Big Six.” The elements fall into two categories of relationship-rich and work-integrated. This is an important read as…

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Insider tips for the week of April 5, 2021

boy deciding on college

  Controversial financial aid change – A new FAFSA change will dramatically reduce the amount of financial aid middle and upper-income families with more than one child in college at the same time will receive. Check out our article on this significant news.   10 ways to help your teen with the college decision –…

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Insider tips for the week of March 1, 2021

female student holding cell phone

  Huge change for grandparents contributing to college – The FAFSA changes included in the December COVID relief bill contain a HUGE one for grandparents: Cash contributions from grandparents, including distributions from grandparent-owned 529 plans, will no longer hurt a student’s eligibility for financial aid. Check out our article on this significant news.   How…

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FAFSA changes interview on WCCO

Esme Murphy interviewing Chris Wills WCCO TV

  College Inside Track President Chris Wills was interviewed by Esme Murphy on WCCO TV, discussing the changes made to the FAFSA. Wills explained that the changes, which go into effect for the 2023-24 school year, will be based on a family’s 2021 tax return information so families need to understand them now. Some of…

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College Inside Track Alumni Newsletter – Winter 2021

figure giving heart

  FAFSA changes – The COVID relief bill passed at the end of 2020 also included some significant changes to the FAFSA. While the changes do not go into effect until the 2023-24 school year, that year’s FAFSA will use tax information from 2021, so there are current day considerations. And because the FAFSA is…

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Insider tips for the week of January 4, 2021

mom worried about college

  FAFSA changes – The COVID relief bill passed at the end of 2020 also included some significant changes to the FAFSA, including how multiple students in college are treated and how divorced parents complete it. While the changes do not go into effect until the 2023-24 school year, that year’s FAFSA will use tax…

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