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This is why it is important to submit your Free Application for Federal Student Aid (FAFSA) early. Generally speaking, aid consultants charge a fee for services such as: preparing the Free Application for Federal Student Aid (FAFSA) and other financial aid forms; approximating family resources; estimating expected family contribution (EFC); assessing financial need; and describing the types of federal, state, local, and institutional aid programs available. THE EFC IS DEPENDENT ON THE INCOME AND ASSETS of parents and student and is determined by filing the free application for federal student aid (FAFSA) every year that a child will be in college. |
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