- Paperback: 155 pages
- Publisher: TracyTrends; First edition (February 1, 2011)
- Language: English
- ISBN-10: 0981473741
- ISBN-13: 978-0981473741
- Product Dimensions: 6 x 0.5 x 9 inches
- Shipping Weight: 8.8 ounces (View shipping rates and policies)
- Average Customer Review: 8 customer reviews
- Amazon Best Sellers Rank: #629,169 in Books (See Top 100 in Books)
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How You Can Maximize Student Aid: Strategies for the FAFSA and the Expected Family Contribution (EFC) To Increase Financial Aid for College First Edition
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From the Author
**SHIPS FASTER THAN EXPECTED**
There is a known glitch in Amazon's system that can trigger the Availability to say "Ships in 1-3 weeks" when in most cases the book ships much faster. Please order with confidence. Using the "Add to Cart" button and BUY NEW ensures you are receiving the most up-to-date version of this book.
Choose "Buy NEW" to be sure you receive the most up-to-date version.Forms and images are updated every few years to assist you. Recently Updated and Revised in 2014. How You Can Maximize Student Aid includes 2013 tax forms and 2014-2015 EFC rules. Each area contains footnote references so you can easily answer any further questions or locate the updated income cut-offs for the 2014-2015 FAFSA application.
The core concepts to qualify for federal student aid and education tax benefits remain the same from year to year. This book contains explanations for: all the components that determine federal student aid, the better places to save, and what you should think about come tax time. The goal is to help you maximize aid while keeping your assets accessible; growing with tax benefits. An in-depth understanding of the Expected Family Contribution will help families and students strategize prior to completing the FAFSA.
A mistake on the FAFSA can result in loss of several thousands of dollars in aid.This valuable reference guide will provide you with new ideas and help you prioritize, whether you are saving for a newborn or if college is looming just around the corner.
Inside this Quick Reference Guide You Will Find:
- Free Application for Federal Student Aid (FAFSA): Quick overview
- Expected Family Contribution (EFC): Detailed formula explanation
- Ideas for All Income Levels: Take advantage of formula rules
- Tax-free and Tax-deferred Places to Save: Explore investing options
- Education Accounts: Choose the right one and who should own it
- Life Insurance: Discover all the flexible uses
- Single or Divorced Parent: Learn valuable strategies just for you
- College Offers: Distinguish between free money and award of debt
- Tax Benefits for Education Expenses: Make smart choices
From the Back Cover
Tracy Foote's also written The Kid's Roth IRA Handbook to further help parents shield money from the FAFSA formula, and also, YouTube Seo Ranking Checklists: Targeted Traffic Using Online Video Marketing to help entrepreneurs begin marketing on YouTube.
Tracy Foote consults with leading advisors on investing, business strategies, life insurance, and student eligibility for federal aid. Her book provides an introduction to the financial aid process, giving parents extensive information and sound advice. Whether parents are saving for a newborn or college is looming around the corner, they can identify areas to save thousands of dollars.
Top customer reviews
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While the bulk of this book gives clear examples in a straight forward manner, I was laughing uproariously as I read the preface - clearly the author has been through the college application/reality moment of the cost with her daughter. I've experienced this and seen other parents struggle with this issue as well. The author helps parents be the grounding force that encourages students to spread their wings for their college dreams, but still find the options that avoid family debt. My sophomore grade son even enjoyed reading a bit of it as he'd seen our family go through a similar scholarship application parent/student disconnect that the author mentions in the preface. Fortunately, placing emphasis on such applications helped our oldest son garner a scholarship that is significantly helping with his tuition.
I wish I'd gotten this book sooner as I was struggling through the FAFSA/scholarship/savings process. The book is a hit for those doing the planning and filling out those college forms.