Shortcut Navigation:

Question for the Money Doctors

Question submitted on Jul 25, 2013.

Question

I am divorced with 3 children currently in college and one that will be in college in a year. I am legally required to pay half of their college costs. My girlfriend has a daughter who will be in college in a couple of years. I understand that when we get married my financial info will get added to my step-daughters FAFSA but will we get a break on financial aid because I am also helping put my own children through college?

Answer

Yes, the number of children in college at the same time will have an impact on financial aid.


For additional information visit http://www.360financialliteracy.org/