What You Need to Know About the FAFSA and Divorce
Filling out college financial-aid forms can be confusing for anyone. They may become even more confusing for families where parents are divorced or unwed, or for blended families.
The Free Application for Federal Student Aid, or Fafsa, generally requires personal and financial information from dependent students and their parents in order to determine eligibility for federal financial aid. It’s particularly important to fill out the Fafsa correctly since it “can make a huge difference in the possibility of aid,” says Carrie Fellon, a certified financial planner and financial strategist at Agili, a registered investment advisory firm in Richmond, Va.
In this excellent Wall Street Journal article, Cheryl Winokur Munk answers some of the biggest questions blended families and those with divorced or unmarried parents have about filing for financial aid.