Why Wealthy Families Should Apply for College Financial Aid
Wealthy families should apply for college financial aid too.
January is an important time for families to complete the Free Application for Federal Student Aid, or Fafsa. Jan. 1 was the first day people could file this U.S. Education Department form for the 2016-17 academic year and with some types of assistance filing early may increase the amount students will receive.
Some well-off families don’t complete the Fafsa because they assume they won’t receive any aid. But most should file anyway, financial-aid experts say. Here are five reasons why:
