They provide tax and financial aid advantages to families who save for college. However, the 529 plan does impact your financial aid and you likely need to report it on your FAFSA.

The FAFSA, or Free Application for Federal Student Aid, asks about family income but not wealth -- resources like home equity, retirement savings or gifts from relatives. A new report argues that not ...

Fewer low-income students applied for college financial aid for the current school year after the rollout of an updated version of the Free Application for Federal Student Aid, known as the FAFSA ...

Filling out the Free Application for Federal Student Aid (FAFSA) is the first step in qualifying for financial aid like grants and loans. However, many students still skip it. According ...

In March, when the FAFSA issues were worse, schools serving the lowest-income students experienced a larger decrease in the number of applications completed. Specifically, there was a 48% drop in ...

Congress mandated that a new version of the FAFSA be released by 2024. The overhaul was intended to make the process of applying for financial aid simpler.

Financial Aid Award Letter Appeals The appeal process is a way for families to convey additional information which may not be captured on the FAFSA to the Office of Financial Aid. In other cases, some ...

She urged people to consider applying for financial aid if they think they will qualify for it. --KCRA 3's Daniel Macht contributed to this story.

Fewer low-income students applied for college financial aid for the current school year after the rollout of an updated version of the Free Application for Federal Student Aid, known as the FAFSA ...