Good Financial Reads: Your Student Loan Questions Answered (Part Two)

Your Student Loan Questions Answered (Part Two)

FAFSA FAQ #1: What Is It & Is It Worth Filling Out?

by Robert Stoll, Financial Design Studio

So if you have kids who are nearing college age, or in college, you’re probably familiar with some of these acronyms or buzzwords: FAFSA and what it is.

So we’re going to touch on what it is, who it’s for, and is it even worth filling out.

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FAFSA FAQ #2: Contributions

by Robert Stoll, Financial Design Studio

For the previous FAFSA FAQ discussion, we talked about who it was for and what it was. As a recap, it is student aid, and these could be grants or loans, for students who are nearing college, or who are in college.

Now let’s get let’s dig into more of the details. With the FAFSA, what is the expected family contribution?

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FAFSA FAQ #3: Contributions

by Robert Stoll, Financial Design Studio

Today we’re going to finish our three part series, talking about FAFSA FAQ. And more of the details, as we lead up to the October 1st date, where you can actually start filing for FAFSA.

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Filling Out the FAFSA Form
by Robert Stoll, Financial Design Studio

I want to walk through the FAFSA form application so you can see what to expect as you begin the application process with your student. Since every family’s situation is different, I’m not going to dive into every single question you may have. The FAFSA site has a nice instruction guide that you can reference as you go through the FAFSA application.

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It's FAFSA Season!

by Craig Joncas, Penobscot Financial Advisors

October 1st is somewhat special here in New England. Summer is officially done, leaves are changing, and some years (but not this one) we even have fall baseball!

For those with college students, it’s also the beginning of FAFSA season.

The Free Application for Federal Student Aid is now available for the 2020-2021 academic year. The FAFSA form is the ‘ticket’ that admits the student to the entire world of financial aid.  It’s a really big deal for most applicants.

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For more on student loans, check out Good Financial Reads: Your Student Loan Questions Answered (Part One).


Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

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