Out of Pocket: What Parents and Counselors Need to Know About College Financial Aid and the New FAFSA serves as an indispensable resource for families navigating the complexities of financing higher education. In Part 1, the book underscores the pivotal role of financial aid, providing a comprehensive overview of the diverse forms and sources available to students. Part 2 describes the intricate methodologies used by colleges to evaluate financial need, with a particular focus on recent updates to the FAFSA and the CSS Profile. Part 3 offers strategic guidance on maximizing financial assistance, emphasizing the importance of parental involvement and exploring various funding options. Part 4 delivers practical insights into college savings strategies, loan considerations, and essential tips for navigating the appeal process for financial aid decisions. This invaluable guide equips families with the necessary tools to effectively manage college expenses and support their student's educational aspirations.About the AuthorsCam Cruickshank, Ph.D., Gregory A. Guzman, Ph.D., and Dean Skarlis, Ed.D., are distinguished professionals in the field of higher education with extensive expertise in student financial aid. Dr. Cruickshank is a former college president, consultant, and entrepreneur with over 30 years of experience in higher education, focusing on making education more affordable and accessible through innovative solutions and need-based aid strategies. Dr. Guzman, recognized for his financial aid leadership nationally, has extensive experience in enrollment management, financial aid, and student affairs, and has been celebrated for his contributions to Hispanic and Latino communities. Dr. Skarlis, the founder of The College Advisor of New York, is an expert in college admissions and financial aid, having advised and educated thousands of students and families, and has been featured in major national publications for his insights on the admissions process. Together, they bring a wealth of knowledge and a commitment to enhancing access and affordability in higher education.