Are you getting close to a panic regarding college costs? The federal government has a site called the FAFSA4caster. It will walk parents through information needed for the FAFSA form and give an idea of what the eligibility for federal student aid will be. Very helpful information.
When you actually sit down to do the FAFSA for the first time, January/February of your student’s senior year, be aware that it is most helpful to have both the parents’ and student’s tax return finished prior to starting the online form. The form is time consuming, but not difficult. Many tax preparers will assist you if asked.