Summary of Office Hours with Dan Bisig: FAFSA and CSS Profile Applications

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00:00:00 - 01:00:00

In the video, Dan Bisig discusses the FAFSA and CSS Profile applications. He advises viewers that they should make backups of their plans for after high school, as their children may not attend the same school as they do. Dan also advises viewers that the FAFSA will not change this year, but that next year, when the new financial aid form comes out, their stepkids will be included if their mother completes the form. Finally, Dan advises viewers that they should run the EFC calculator within the MyCap program to estimate future costs.

00:00:00 Dan Bisig from College Aid Pro discusses the FAFSA and CSS profile applications. He explains that a two-year certificate program at a certified school can be considered as another child in college, and that parents can have a joint savings account with grandparents. He also notes that if parents' name is on the joint account, they have to include it on the FAFSA. He advises parents to get their name off the account and to review their taxes from two years prior before submitting their FAFSA or CSS profile.
00:05:00 Dan Bisig provides advice on the FAFSA and CSS Profile applications, explaining that while the forms don't care about your debt or expenses, the CSS Profile does give you the ability to disclose information about assets and expenses. He recommends that if you have a separate checking account under your registered business name, you should disclose that on the FAFSA.
00:10:00 Dan Bisig discusses the FAFSA application process, highlighting features of the College Aid Pro system. He recommends upgrading to the 299 software package, which includes an hour's consultation with a college expert. He notes that the FAFSA is a moving target, and advises against relying on estimates provided by the government.
00:15:00 In this video, Dan Bisig discusses how to apply for financial aid using the FAFSA and CSS profile applications. He explains that the FAFSA is only for 10 colleges, and that if a student has more than 10 colleges they can remove a college and add a new one. He also explains that if a student collects money from a grandparent's trust, they have to report that income on the FAFSA.
00:20:00 Dan Bisig provides tips on filling out the FAFSA and CSS Profile applications, as well as discussing the importance of having a budget and realistic expectations when it comes to tuition payment. He also advises parents on how to gift money to their children's colleges, should they be short on funds.
00:25:00 The author advises readers to be cautious when filling out the FAFSA and to consult with a tax preparer before doing so. He also advises parents in a divorce situation to only complete one FAFSA, as with the CSS Profile. Finally, the author advises parents to disclose any assets or disadvantages that may affect their student's admission chances when applying for early decision.
00:30:00 In this video, Dan Bisig discusses the FAFSA and CSS Profile applications. He advises viewers that they should make backups of their plans for after high school, as their children may not attend the same school as they do. Dan also advises viewers that the FAFSA will not change this year, but that next year, when the new financial aid form comes out, their stepkids will be included if their mother completes the form. Finally, Dan advises viewers that they should run the EFC calculator within the MyCap program to estimate future costs.
00:35:00 In the video, Dan Bisig discusses the FAFSA, CSS profile, and financial aid applications. He explains that, based on what the speaker has said, the child can appeal financial aid offers from a college. Furthermore, the speaker advises parents to wait to have that conversation until the numbers look better because it depends on the situation. Lastly, the speaker advises parents to do a Google search to figure out the lowest possible home value.
00:40:00 In this YouTube video, Dan Bisig discusses the various rules around financial aid and the FAFSA application. He advises those who are retired or have income from retirement accounts that this income must be reported on the FAFSA. He also notes that if a retirement account generates income, it may be worth petitioning a college for a tuition discount.
00:45:00 In the video, Dan Bisig discusses the FAFSA and CSS Profile applications. He notes that, in the future, contributions made to retirement accounts and home equity won't be counted against financial aid eligibility. He also advises parents to sign for the white glove service and to search for private scholarships on their own.
00:50:00 Dan Bisig from the website mycap.com will be discussing the FAFSA and CSS Profile applications with Office Hours viewers. He notes that, while there is no one-size-fits-all answer to this question, students usually need to submit their FAFSA and CSS Profile applications for the year in which they expect to receive their scholarship awards. Bisig advises students to make sure they have all the information they need to complete these forms, including copies of their tax returns from the previous two years.
00:55:00 The Office Hours with Dan Bisig video discusses the FAFSA and CSS profile applications. Dan advises parents to file the FAFSA and CSS profile as either custodial or non-custodial parent, and to consider applying to comparable colleges. The Wyclef program offers discounts for additional hours with Dan.

01:00:00 - 01:00:00

This YouTube video is helpful for students who are applying to multiple colleges and are looking for tips on how to effectively communicate with colleges and manage the stress of the application process. Dan Bisig provides useful advice on how to navigate the financial aid process, specifically for students who are applying to multiple schools.