College Planning Strategies

College Readiness Quiz for Parents

1. True or False? If you make a mistake on the FAFSA (Free Application for Federal Student Aid), it won't have much of an impact because you can just send an adjustment later.

2. True or False? As long as you get your financial aid applications in by the school's deadline, you'll be fine.

3. Is there a difference between the FAFSA and the CSS/Profile?

4. True or False? If your family's income is over $100,000, you might as well save time and energy and not fill out the FAFSA, because you won't qualify for aid anyway.

5. True or False? If your family's EFC (Expected Family Contribution) has been calculated to be $0, you won't have to worry about paying a dime for college.

6. True or False? If a school meets 100% of your family's financial need, then you won't have to worry about any out-of-pocket expenses, other than your EFC.

7. True or False? You need to have your taxes done in order to submit any financial aid application.

Answers to Parent Quiz