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Dependency status on the FAFSA

Dependency status on the Free Application for Federal Student Aid (FAFSA) is based on many factors, including age, marital status, and military service. It does not depend on whether someone can claim you as a dependent on their federal income tax returns.

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Review: Refinancing Student Loans with Splash Financial

Splash Financial is a marketplace to find a lender for refinancing student loans and medical school student loans.

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How Much to Save per Month for Children Who Aren’t Newborns?

If you got a late start on saving for college, how much should you save per month for older children? The rule of thumb for benchmarking progress towards the college savings goal can suggest how much more you’ll need to save per month.

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What is Auto-Zero EFC?

The Free Application for Federal Student Aid (FAFSA) includes two simplified financial aid formulas in addition to the full federal need analysis methodology, the Simplified Needs Test and Automatic Zero EFC. Each of these formulas combines an income threshold with a set of other eligibility criteria. Auto-Zero EFC sets the expected family contribution (EFC) to zero in certain circumstances. This qualifies the applicant for the maximum Federal Pell Grant.

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How to Make FAFSA Corrections

There are four types of changes that may be made to data on the Free Application for Federal Student Aid (FAFSA). These include corrections, updates, adjustments and overrides. How to make these changes to the FAFSA depends on the type of change.

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