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📌 Before You File the FAFSA

The new Simplified FAFSA is here! Here’s a quick video with some tips that will help you get through it with a minimum of chaos and maximum of financial aid. 🔗

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Ann Garcia Ann Garcia

How Much Should You Save for College?

Saving for college feels like the ultimate moving-the-goalposts goal. How can you make good choices about college savings that won’t derail your family’s other priorities?

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Ann Garcia Ann Garcia

Tuition Differentials

Tuition differentials can add significantly to the cost of college. What are they, and will you have to pay them?

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Ann Garcia Ann Garcia

The Problem with Parent PLUS Loans

Many financial aid packages include Parent PLUS loans. While these loans can appear to be a good way to close funding gaps, too often they trap older Americans in a debt spiral.

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Paying for College Ann Garcia Paying for College Ann Garcia

What Do You Do With Form 1098-T and 1099-Q?

Form 1098-T is a tuition statement that students receive from their college. It serves two primary purposes:

  • Documenting eligibility to claim the American Opportunity Tax Credit or Lifetime Learning Credit

  • Documenting that the student was enrolled in a college and that 529 withdrawals up to net cost of attendance are therefore qualified

Form 1098-T isn't filed with your taxes; instead, you use the information to file and then keep it for your records.

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Getting Started Ann Garcia Getting Started Ann Garcia

New Year’s Resolutions

Happy 2023! Last year I made a New Year’s Resolution and kept it. That makes me a self-appointed expert on New Year’s resolutions. Here are some resolutions for parents planning for college— and my expert advice on how to keep your resolutions.

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