Going overseas for an undergraduate degree is becoming increasingly popular. The reasons are many, but the recent stock market volatility and high inflation are making many families re-think the higher education plans for their children. Many countries in the EU provide an excellent education that is much more affordable and readily available not only to their own citizens, but to qualified foreign students as well. If you have dual citizenship, you often can save even more.
FAFSA opens its filing season for the 2022-23 school year on October 1st! The US Department of Education uses the FAFSA to determine a student’s eligibility for federal student aid. These can be grants, work-study, and also low cost student loans. However, many colleges use the FAFSA also to assess non-federal student aid, like institutional grants and sometimes also merit aid. Here are 5 things you need to know about the FAFSA.