5 Last Minute Tips for Completing the FAFSA

1. Complete the FAFSA and CSS Profile by the required deadline

2. Asset strategies

3. Clarification on 3 vague questions on the FAFSA

4. Use the IRS Retrieval Tool

5. You will apply for financial aid every year….. for each student

Top 10 Financial Aid Mistakes

1. Putting assets or savings in the student's name.

2. Increasing parent income in the base year.

3. Failing to plan for financial aid.

4. Starting your planning to late. (or not at all)

5. Overuse of 529 plans.

6. Missing financial aid deadlines.

7. Neglecting your debts.

8. Assume you won't qualify.

9. Poor communication with the schools.

10. Reporting your retirement plans as an asset.