Happy New Year.
If you are going to be enrolling in higher education be sure to fill out your FAFSA as early as possible. If you are someone's dependent or if your income goes on someone else's FAFSA do not wait to fill out your financial aid forms. You can always amend them later. You want to have your forms in and have the process begin for you as soon as possible.
If you are enrolling at a school for the first time, you should make an appointment with a financial aid officer to see what funds are available and how your expected family contribution (EFC) will effect you.
Further if you have been receiving funds back from the school do not forget to find out how your school distributes its 1099-T forms.
Questions or Comments email me at TaxTalkWithTasha@gmail.com and I will answer you with a post.
Monday, January 3, 2011
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