Our friends over at the Joe Taxpayer blog have some great information on college financial aid and the Free Application for Federal Student Aid (FAFSA) form.

This issue can be somewhat confusing and Joe Taxpayer offers some good insights on the formula the government uses when looking at financial aid applications. Parental assets and income matter and various classes of investments (401Ks, IRAs, and 529) are measured in different ways. Also, the number of kids a family has in college affects the way the government determines eligibility.

BTW, sign up is now open for our free fantasy football leagues for families. Kids love playing fantasy football with their families and this year, 39 families will win money for their college savings accounts. We are awarding over $40,000 for 529 college savings plans this year.