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Of course you will have to fill out
the Free
Application for Federal Student Aid Once you have filled out the form perfectly and you have submitted it, hopefully right away on January 1st, you will then get your Student Aid report which will tell you what your expected family contribution is. This is how much money you will have to contribute to any aid package that the student applies for. Remember that if anything changes financially for the family this needs to be reported right away as this could help you to get the student a better aid package from the school they want to attend. There are tons of sites on the internet that can help you to plan thins very effectively for college. For example CollegeBoard.com has a calculator that you can use in order to come up with a rough idea of what your expected family contribution will be when the time comes. They also have a great calculator for estimating the whole cost of the college education. | |||||||||||||||||||||||||||||||||||||||||||
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