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Divorce, FAFSA & College Costs | We Chat Divorce Podcast
Published in: Blog

Divorce, FAFSA & College Costs: What Every Divorced Parent Needs to Know

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Paying for college is stressful enough. Add divorce to the mix, and the process can feel overwhelming. That’s why on the latest episode of the We Chat Divorce Podcast, Karen Chellew of My Divorce Solution sits down with Vicki Vollweiler, MBA, founder of College Financial Prep, to unpack what divorced and separated parents need to know about FAFSA, CSS Profile, and college planning after divorce.

FAFSA After Divorce: Who Files?

Many parents assume the “custodial parent” completes FAFSA—but that’s no longer the case. Under the FAFSA Simplification Act, the parent who provides the most financial support must complete the application. If that parent is remarried, the stepparent’s income is included as well.

For families applying to private or Ivy League schools that require the CSS Profile, both parents (and sometimes stepparents) may need to submit financial details. Understanding this distinction is critical to avoid losing out on aid.

529 Plans vs. Student Loans

Should you use 529 savings or take out loans first? Vicki recommends using 529 funds early to delay unsubsidized loans—helping families save on years of interest.

Why Planning Early Matters

The best time to think about college costs is during the divorce process, even if your children are still young. Including college participation clauses in your divorce agreement ensures both parents cooperate with financial aid requirements, protecting your child’s eligibility.

Key Takeaways for Divorced Parents

  • Plan early – even during divorce negotiations.
  • Know the difference between FAFSA and CSS Profile schools.
  • Use strategy – in-state schools, honors programs, and appeals can save thousands.
  • Don’t be afraid to negotiate – financial aid offers can often be appealed.
  • Get professional guidance – proactive planning has saved some families over $200,000.

Listen to the Full Episode

This conversation is packed with insights every divorced parent should hear before tackling college costs.

Listen now on the We Chat Divorce Podcast – the #1 podcast for divorce financial preparation.

Visit My Divorce Solution to learn how the MDS Financial Portrait™ can give you the clarity you need to make smart financial decisions during divorce.