On Tuesday, October 15, Rae Kaplan, founder and managing attorney of Kaplan Law Firm, appeared on WGN Radio 720 with host Lisa Dent to help families better understand the FAFSA (Free Application for Federal Student Aid) process and how to avoid common mistakes that could cost students thousands in financial aid.
If you missed the broadcast, don’t worry—here’s the link to the full interview followed by some additional highlights and insights from Rae’s discussion!
Link to full interview → https://wgnradio.com/lisa-dent/rae-kaplan-breaks-down-fasfa-process/
FAFSA Tips Every Family Should Know
1. File Early to Maximize Aid
Rae emphasized that federal and state funds are awarded on a first-come, first-served basis. Submitting the FAFSA as soon as it opens can make a big difference in how much aid a student receives.
2. Double-Check for Accuracy
Even small mistakes—like reporting the wrong income figures or missing an asset—can delay processing or reduce eligibility. Rae urged families to review all entries carefully before submission.
3. Understand Dependency Status
Whether a student is considered dependent or independent affects their financial aid calculation. Rae explained how factors like living arrangements and family situations determine this status.
4. Report Special Circumstances
If a family’s financial situation changes—such as job loss or unexpected expenses—students can request a professional judgment review from their school’s financial aid office. Rae advised not to overlook this option, as it can significantly increase aid eligibility.
5. Think Beyond FAFSA
FAFSA is just one part of the financial aid picture. Rae reminded listeners to explore scholarships, grants, and work-study programs to create a comprehensive college funding strategy.
Helping Families Navigate Student Aid and Loans
For years, Kaplan Law Firm has helped families navigate the complexities of college financing, student loan repayment, and forgiveness programs. Rae’s WGN appearance underscores her commitment to helping students and parents make smart financial decisions before taking on student debt.
To learn more about FAFSA planning, student loan forgiveness, and financial aid strategies, visit www.FinancialRelief.com.
