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The “Non-Launch” of the 2024–25 FAFSA

The “Non-Launch” of the 2024–25 FAFSA

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 3, 2024 | FAFSA

The 2024–25 Free Application for Federal Student Aid (FAFSA) is now available through a soft launch by the Federal Student Aid (FSA) office of the U.S. Education Department (ED). It is online at Studentaid.gov and Fafsa.gov. The FSA released the following announcement...
CLEP Exams Help Non-Traditional Students Earn a Degree

CLEP Exams Help Non-Traditional Students Earn a Degree

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 27, 2023 | Exams

The College Level Examination Program (CLEP) may be the best deal in American post-secondary education. Non-traditional students such as those who didn’t go on to college directly after high school and now work full-time can earn college credits without taking college...
Trouble Ahead — The New FAFSA’s Impact on Student Aid

Trouble Ahead — The New FAFSA’s Impact on Student Aid

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 20, 2023 | FAFSA

Submission of the Free Application for Federal Student Aid (FAFSA) is an essential step for all students seeking Federal, state, institutional, and private financial aid. To improve the financial aid process, the FAFSA Simplification Act was enacted by Congress on...
Use the CSS Profile for Aid From Top Colleges

Use the CSS Profile for Aid From Top Colleges

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 11, 2023 | Financial Aid

Most families welcome any type of external financial aid that can help them afford college. Although they may not accept all aid offered to them, they prefer a wide array of choices. The FAFSA process is the best way to obtain aid from Federal and state governments,...
Parents Hire Their Children to Help Pay for College

Parents Hire Their Children to Help Pay for College

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Nov 15, 2023 | Tax Planning

Business owners hire their children for sound reasons such as instilling a strong work ethic, teaching responsibility, encouraging entrepreneurship, reducing taxes, and saving for a college education. The Tax Cuts and Jobs Act of 2018(TCJA) enables the last two of...
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