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The Future of Financial Aid - What Every Advisor Needs to Know
Course Information
Content Level: Intermediate
NAPFA Subject Area: A-Financial Planning Process
Course Description

The FAFSA Simplification Act will make sweeping changes to an already confusing and complex financial aid process. With great change comes great opportunity.

Attend this session to learn what challenges the new law of the land creates for families, and more importantly the planning opportunities that advisors need to know to help clients get the most financial aid and cut the cost of college.

This session covers the key differences in the new Student Aid Index (SAI) compared to the Expected Family Contribution. (EFC). Participants will take an insider’s look at which colleges will be implementing the new changes and those that will not. Lastly, participants will learn five powerful planning strategies every advisor needs to be aware of as a result of the new formulas.

Learning Objectives
  1. Learn how the FAFSA Simplification Act will impact college students and their families
  2. Project a family’s financial aid and out-of-pocket cost at individual institutions using income and asset strategies to maximize financial aid offers
  3. Understand the key differences in the federal and institutional formulas used to determine a family’s need-based financial aid eligibility

Joe Messinger, CFP®, ChFC, CLU, CCFC

Joe Messinger, CFP®, ChFC, CLU, CCFC is on a mission to end the student loan crisis one family at a time. He created the innovative College Pre-Approval™ system and has trained thousands of advisors across the country how to seamlessly guide families through the college funding maze with confidence and ease.

Messinger is the Co-Founder and Director of Advisor Solutions at College Aid Pro™, the award winning fintech solution that takes the hassle out of late-stage college planning. A proud graduate of Penn State University, he is also Partner and Director of College Planning at Capstone Wealth Partners, a fee only RIA.

Availability: Retired
Initial Cost: Member: $39.00
Non-Member: $59.00
Additional Cost: CFP® CE: $10.00
Credit Offered:
No Credit Offered
Contains: 2 Courses
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