The Princeton Review - Paying for College, 2023: Everything You Need to Maximize Financial Aid and Afford College

The Princeton Review Publishing Team

Rob Franek, Editor-in-Chief

David Soto, Senior Director, Data Operations

Stephen Koch, Senior Manager, Data Operations

Deborah Weber, Director of Production

Jason Ullmeyer, Production Design Manager

Jennifer Chapman, Senior Production Artist

Selena Coppock, Director of Editorial

Orion McBean, Senior Editor

Aaron Riccio, Senior Editor

Meave Shelton, Senior Editor

Chris Chimera, Editor

Patricia Murphy, Editor

Laura Rose, Editor

Alexa Schmitt Bugler, Editorial Assistant

Penguin Random House Publishing Team

Tom Russell, VP, Publisher

Alison Stoltzfus, Senior Director, Publishing

Brett Wright, Senior Editor

Emily Hoffman, Assistant Managing Editor

Ellen Reed, Production Manager

Suzanne Lee, Designer

Eugenia Lo, Publishing Assistant

The Princeton Review

110 East 42nd St., 7th Floor

New York, NY 10017

Copyright 2022 by TPR Education IP Holdings, LLC. All rights reserved.

Published in the United States by Penguin Random House LLC, New York.

This publication is designed to provide accurate information in regard to the subject matter covered as of the date of publication. Since tax laws, financial aid regulations, and government regulations change periodically, it is sold with the understanding that neither the publisher nor the authors are engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

The draft version of the 20232024 FAFSA is included for informational purposes only and should not be submitted. The U.S. Department of Education did not review or provide any of the other information contained in this publication. The EFC figures provided are courtesy of the College Board. College Board, CSS Profile, CSS/Financial Aid Profile and the acorn logo are registered trademarks of the College Board. All rights reserved.

Terms of Service: The Princeton Review Online Companion Tools (Student Tools) for retail books are available for only the two most recent editions of that book. Student Tools may be activated only once per eligible book purchased for a total of 24 months of access. Activation of Student Tools more than once per book is in direct violation of these Terms of Service and may result in discontinuation of access to Student Tools Services.

ISBN9780593516492

Ebook ISBN9780593516508

The Princeton Review is not affiliated with Princeton University.

Editors: Aaron Riccio and Laura Rose

Production Artist: Deborah Weber

Cover art by Dmitriy Shironosov / Alamy Stock Photo

Cover design by Suzanne Lee

For customer service, please contact , and be sure to include:

• full title of the book

• ISBN

• page number

Geoff Martz and I are most grateful to those who have helped with this and prior editions of the book.

We would first like to thank Robert Franek, Deborah Weber, and Aaron Riccio at The Princeton Review and Tom Russell and Alison Stoltzfus at Penguin Random House.

Special thanks to Jeanne Krier, who has served as our publicist for more than twenty-five years. Her understanding of the many complex issues surrounding financial aid and college funding as well as her keen suggestions for future editions have been an ongoing source of help and support. Her skill as a public relations expert and the high regard that many members of media have for her professionalism have also contributed significantly to the success of this project.

We are also grateful to Jonathan Goodsell, Victoria Malone, Michele Brown, Anita Gross, Daria Adams, and Jeanne Saunders at the U.S. Department of Education as well as Susan McCrackin, Jessica Bernier, Ami Boshardt, and Vanessa DeShane at the College Board who have been a tremendous source of help for many editions of this book.

I would also like to thank Isidore Matalon, my longtime friend and a constant source of new ideas; Steven Levine of the accounting firm of Lederer & Levine in Lyndhurst, New Jersey, for his helpful suggestions regarding tax law; Catherine OConnor, my associate at Campus Consultants without whom I could never have managed; my friends Stuart Foisy and John Brubaker for their assistance with the worksheets at the back of this book; the high school counselors and independent college consultants who have entrusted students and their parents to me over the years; and my own parents, who somehow managed to pay for my college education without the benefit of having read a book like this.

Last but not least, I would like to thank my clients who have provided me with the opportunity to prove that financial aid planning really works.

Kal Chany

Go to PrincetonReview.com/guidebooks and enter the following ISBN for your book: 9780593516508

Answer a few simple questions to set up an exclusive Princeton Review account. (If you already have one, you can just log in.)

Enjoy access to your FREE content!