A common question from students and families is “How do I get scholarships?” There are thousands of scholarships offered in the private sector and through individual colleges. We try our best to stay up to date on what the trends are but are not able to monitor specific scholarships. However, the information on this page should help guide you in your scholarship search.
Multiple students enrolled at the same time – FAFSA will no longer divide the parent assessment by the number of family members in college. This will significantly reduce the amount of financial aid for middle- and high-income families with multiple children enrolled in college at the same time. This change appears to be deliberate in reducing aid for middle- and high-income families.
EFC is going away and will now be called the Student Aid Index (SAI).
In the instance of divorce, the FAFSA will no longer consider the parent with whom the child resides more than 50% of the year as the parent to complete the FAFSA. Moving forward the parent who provides the most financial assistance will be the parent to complete the FAFSA, and if this is 50/50, then it will be the parent who makes more money.
Child support will no longer be treated as untaxed income.
Income protection allowances are increasing by 20% for parents and 35% for children.
No change to asset protection allowance. As a result, it will most likely disappear in a few more years.
