Intentionally providing false information on the FAFSA is considered federal financial aid fraud. Penalties can include up to $20,000 in fines, five years in prison, and repayment of aid received.…
Tag:
FAFSA
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The FAFSA does not count the cash value of a life insurance policy as an asset. A life insurance payout may count as income if it’s reported on your tax…
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The 2026–27 FAFSA will officially launch nationwide on October 1, but beta testing has already started. Parents and students can request to join the beta testing program, which allows them…
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Even if you don’t think you’ll receive financial aid, you should fill out the FAFSA. According to Sallie How America Pays for College report, 74% of students and families completed…
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The FAFSA Deadline Act now mandates that the form be available by October 1 each year. The Department of Education has announced improvements to the FAFSA form, including a redesign…
