How Divorce and Custody Impact College Financial Aid
Divorce adds a layer of complexity to college planning—especially when it comes to financial aid. The good news is that the FAFSA rules can work in your favor, but only if you understand how to report the right information and which parent should be listed.
Under the new FAFSA rules, the parent who provides the most financial support (not who the student lives with) is the one who files. That change can dramatically affect your Student Aid Index (SAI)—and potentially cost you thousands if handled incorrectly.
Key considerations include:
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Which parent’s income and assets should be reported
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Whether remarriage or blended families impact eligibility
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How 529 accounts owned by a non-custodial parent are counted
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When the CSS Profile adds both parents back into the equation
At Diversified College Planning, we help divorced and separated families avoid costly mistakes by structuring their aid applications with precision. We also help identify aid-friendly schools that weigh these factors differently and may offer more generous awards.
Contact Us Today:
If you’re divorced or separated, let’s build the right college aid strategy.
📞 Call us at 770-662-8510
📅 Schedule a free consultation: Book with Mike
Or visit our Contact Page: https://diversifiedcollegeplanning.com/contact-us/
