It can mean thousands of dollars in additional costs to American families. And those with higher debts are definitely looking at significant increases. So those families who most need to borrow are the ones that will be most affected.
Acquiring student aid has become more competitive. It's a triple whammy. You have more students who are eligible and looking to apply. You have less aid coming from the states. And you have tuition, room and board going up.
At this point we can't even move our stuff out.
It's vital for families and students to be aware of all the possible tax credits and deductions that are available to them. If you've paid higher education expenses this year and are not aware of the tax benefits available, you may be leaving thousands of dollars on the table at tax time.
For students, graduates and parents who want to secure major savings, procrastination is just not an option ? it's time to act now. Borrowers have three months to take advantage of this unique opportunity and save potentially thousands of dollars.
By completing the FAFSA as soon as possible, families can secure the best possible financial aid package.
It certainly won't be the boom it has been in the last several years.
The guide is designed to get you thinking about ways to save on your tax bills. You should still consult a tax professional to the extent possible.
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