The Future of Financial Aid - What Every Advisor Needs to Know
The FAFSA Simplification Act will make sweeping changes to an already confusing and complex financial aid process. With great change comes great opportunity.
Attend this session to learn what challenges the new law of the land creates for families and more importantly the planning opportunities that advisors need to know to help clients get the most financial aid and cut the cost of college.
This session cover the key differences in the new Student Aid Index (SAI) compared to the Expected Family Contribution. (EFC). Participants will take an insider’s look at which colleges will be implementing the new changes and those that will not. Lastly, participants will learn five powerful planning strategies every advisor needs to be aware of as a result of the new formulas.
Learning Objectives:
- Learn how the FAFSA Simplification Act will impact college students and their families
- Project a family’s financial aid and out of pocket cost at individual institutions using income and asset strategies to maximize financial aid offers
- Understand the key differences in the federal and institutional formulas used to determine a family’s need based financial aid eligibility
Thank you for attending!
