Saving More in a 401(k) Can Now Boost Your College Financial Aid

parents and teenager

October 28, 2023 – In a Wall Street Journal article about how the new FAFSA application changes the formula for financial aid, Shannon Vasconcelos, senior director of college finance for Bright Horizons College Coach shares how some of the changes can help families save and pay for college.

“This particular provision of Fafsa simplification allows you to save more for retirement and it will help you a bit in terms of paying for college as well,” Vasconcelos said.

Read the full article here.