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Tag: payingforcollege

Guardianship and College

I was talking with a lawyer friend the other day who also happens to be the guardian of two little boys. She raised an interesting question that neither of us knew the answer to as it relates to income numbers used for college. A guardianship ends at age 18 and that’s when a child typically goes off to College. The financial aid form (FAFSA) and the income reported on it become an important part of

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Divorce and College Financial Aid

Believe it or not there is an upside to divorce when it relates to matters of college financial aid. The FAFSA (free application for federal student aid) is the dreaded form that every parent with college aged children must fill out every year. In conventional families, the income of both parents is taken into consideration. In divorced families, the custodial parent fills out the FAFSA and it’s only their income that’s considered. In many cases,

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