New Law Could Cost You Thousands In College Aid
Major changes are coming to New York’s college financial aid system in 2025. In this episode of College Coffee Talk, Pearl and Andy Lockwood break down two critical developments:
1. The Universal FAFSA mandate for all NY high school seniors
2. The new $65,000 lifetime cap on Parent PLUS loans
Topics Covered:
-How the FAFSA Simplification Act impacts your ability to get aid
-Why skipping the FAFSA could cost you merit money
-What the new loan cap means for families paying for elite schools
-Why guidance counselors may not be prepared to help
-The truth behind so-called “unclaimed aid” in New York
This affects every New York family with a college-bound student in 2025 or beyond. If you live in New York and plan to send your child to college, this information is crucial.
🎙 This is just a clip from College Coffee Talk.
🎧 Catch the full episode on The College Admissions Edge podcast, available on Spotify and Apple Podcasts.
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