How to Maximize Your College Financial Aid Opportunities

When it comes to saving for college, many of us focus on a dollar amount. And it is good to have a goal, whether monthly, annually, or over a lifetime, for saving for your child’s college education.

But what many of us don’t consider are strategies for maximizing financial aid for our children when they apply for college. It’s better to pay for college out of savings than to take out student loans, but maximizing financial aid eligibility may net your child some needs-based grants, which don’t need to be paid back.