If you or someone you know plans to start college in fall of 2018, Federal Student Aid registration for is opening soon. For the 2018–19 school year, you can apply for aid between Oct. 1, 2017, and June 30, 2019. The Federal Student Aid website recommends registering as early as possible because several of the aid funds have limited funds allocated. The Federal Student Aid website is a great resource for anyone planning their college career. Included is information on who should apply for financial aid (everyone!) and easy to use links to begin the registration process.
The FAFSA facebook page is also an incredibly helpful tool as it shares details on which expenses aid can be used towards, how to find scholarships you may not have been aware of, and tips to consider while you are still in high school to help ease the transition to college. Be sure to follow this facebook page if you don’t want to miss out on any current information regarding available aid.
If college is still many years away for you or your dependent, the sooner you start saving the better, as the price tag is expected to continue to rise over the next 20 years. A 529 plan continues to be recommended as the most tax efficient savings plan for education.