Our first one's going to college next year, so we're facing the college tuition thing. I really do NOT want to do the FAFSA if it's not going to do anything for us -- it's a lot of work, and a lot of information to give out. We're not rich, but I don't think we're going to qualify for any financial aid. So is there any benefit to going through it?
If you have fairly recent experience with the FAFSA, I'd like to hear. You can email me by clicking on my name. Thanks in advance, Larry.
My daughter was able to get money via FAFSA and my understanding is that it does not have to be paid back. So just read all the particulars and then follow through. If your kid is older than 18, the parental income may not be a factor. Let me know how it goes.
Is it me, or does everyone get an autoreponse from the FAFSA website that says, 'You want HOW much money?!! Â Ha ha ha ha ha!!!' Â It went on to say that I might be eligible for a low or no interest rate government loan or grant if I work for Chrysler, General Motors, AIG, or Bear Stearns. Â Ford employees are excluded. Â So, it sounds like we're on our own. Â Guess I should've had kids years ago, before FAFSA was invented. Â Darn.
On the bright side, I wasn't thinking about retiring for another 20 years anyway.
I know what you mean, Larry, about not retiring for another 20 years. It took me almost this long to figure out how the business world rewards entrepreneurs, and I'd like some time to reap those rewards.
