Wednesday 27 September 2017

3 tricks to beat the crowds on financial aid

Early FAFSA filers can often score more aid. Here's how to prepare to file when the season opens Saturday.
To view this email as a web page, click here.

Straight talk from the money editor
I put two kids through college, so I know what I am talking about when it comes to filing the FAFSA. The Department of Education uses the FAFSA to determine a student's eligibility for federal student aid, including low-cost loans, grants and work-study. Additionally, organizers that grant free college funding use the FAFSA to decide if a student qualifies. Take Pell Grants, for example. You don't have to pay them back the way you do student loans. But they're first-come, first-served — so you need to apply as soon as you can after the FAFSA is released Oct. 1 for your best shot at qualifying.
Anyone who plans to attend college needs to make sure they submit the FAFSA. The bottom line: don't leave any money on the table. For more cool stuff like this, please follow me on Twitter  @jimpavia.

Jim Pavia
Money Editor
@jimpavia

Top News

3 tricks to beat the crowds on financial aid
Early FAFSA filers can often score more aid. Here's how to prepare to file when the season opens Saturday.

Buyer beware! Here are the top 10 investment scams
A look at the 10 most common investment scams out there, from Ponzi/pyramid schemes and life settlements to potentially shady annuity sales.

Why October is the scariest month for your retirement
A new survey found that 78 percent think Social Security funding will run out during their lifetime. What that means for your retirement.

Jury out on digital currencies as good retirement bet
Almost 80 percent of Americans have heard of Bitcoin, the most well-known digital currency. But almost half of those are unsure if it's legal to use.

Investors find disaster recovery a profitable sector
With a third of all disaster-recovery firms traveling outside their service areas for large-scale jobs, the sector presents good prospects for investors.

The market calls of index investing
Index investing takes the thought process out of stock picking. But you first have to select the right fund.

How to find the perfect retirement spot
For older Americans, downsizing is the logical next step, but when to move, where to go and how to pull it off are considerable hurdles blocking the way.

When it comes to divorce, avoid these costly mistakes
Financial advisors say there are some costly mistakes to avoid at the negotiating table.

Bank customers fork over $15 billion in fees
Most banking customers don't understand overdraft coverage, and that could be costing them serious cash, according to a new study from NerdWallet.

Retire like royalty in these US cities
If your retirement savings is falling short, you might be better off Birmingham, Alabama, Memphis, Tennessee, or Detroit.

Out-of-pocket health costs hit old, poor, women hardest
The top 10 percent of health-care spenders contributed 49 percent of total out-of-pocket spending in 2016, according to a new analysis.

What should keep Facebook shareholders up at night
"What if this ability to micro-target every living human being to the degree of 200 individual data points is not okay anymore?"

Contributors
Sharon Epperson
@sharon_epperson
Josh Brown
@ReformedBroker

Feedback

We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device.

Send this email to a friend


Unsubscribe Advertise More Newsletters Digital Products
© 2015 CNBC Inc. All Rights Reserved.
900 Sylvan Avenue, Englewood Cliffs, NJ 07632

To ensure delivery to your inbox,
please add yourwealth@response.cnbc.com
to your address book.