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Key takeaways Colleges use your information on the FAFSA to determine how much federal financial aid you’re eligible for, based on your demonstrated need and the cost of attendance. Many schools also use the FAFSA to award state and institutional need- and merit-based awards, such as grants and scholarships. Complete your FAFSA on or shortly …

Much has been made of late about the rising cost of higher education.  And with good reason.  Over the last three decades, college tuition has far outstripped the cost of almost every other major family expense imaginable.  While housing costs have rising over 300% during that time and health care costs — controversial and much …