FAFSA financial aid train wreck rant

One thing that hasn’t changed because if the new FAFSA…for colleges using only the FAFSA for a financial aid application form, the SAI should be viewed as the minimum you will be expected to pay for college. The exception is University of Chicago which has only a short form of their own in addition to the FAFSA…but does guarantee to meet full need for all.

So…unless you are Pell eligible, there is no way to predict what the FAFSA only colleges will award you for need based aid…and their really never has been…well…except that the net price calculators are supposed to give you a decent estimate of your net cost.

I think the annoying thing is the rollout has been plagued with things that need to be fixed, and that never should have happened.

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