Why Wealthy Families Should Complete the FAFSA

According to this Wall Street Journal article, filing the financial aid forms can be a way to get benefits like merit aid or school-specific institutional aid, or be a great positioning tool or the basis of an appeal if family circumstances change. “I encourage all clients to fill out the FAFSA regardless of income or assets. I have yet to find an example of how it has hurt a client. Yes, it is time-consuming and for those who are not candidates for need-based aid it may seem useless. But there are a lot of reasons why "wealthy" families should apply for college financial aid.”


http://www.investopedia.com/advisor-network/articles/011917/why-wealthy-families-should-complete-fafsa/