Sallie Mae W2?

Q: I need a good fiancial planner. I earn W2 wages as an engineering consultant. When my daughter fills out FAFSA application she gets disqualified from getting any grant/ scholarship or government loan (such as stafford loan) for attneding a four year college

A: Take it from east coast, you need to go into some deferred comp plans and maybe layoff some other money to your heirs ahead of time.

[Part 4] Sallie Mae is the largest student loan company. We look at a 60 Minutes report on Sallie Mae and how Sallie Mae, with the help of ...

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FaFsa

Faced with epic budget deficits, states are cutting costs any way they can, and state grants for college students are not escaping the knife. Some states have reduced the size of awards, some have tightened eligibility requirements, and some have said that they’ll give out awards “until the money runs out,” says Mark Kantrowitz, publisher of FinAid.org, a financial aid website. And these days, he adds, “The money tends to run out pretty quickly.”

That means it’s more important than ever for families of college-bound seniors to file the Free Application for Federal Student Aid, or FAFSA, as soon as possible. This application is the foundation for almost all forms of financial aid, from scholarships to student loans.

Filing early will also Ensure that you meet deadlines imposed by individual states and colleges. If you plan to apply to a state school in Connecticut, for example, you need to get your financial aid application in by May. 15th Several other states impose a March 1 deadline.

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