The federal government unveiled a new website this week called FAFSA4caster. This web site allows families to enter their financial information to get an estimate of what their families expected financial contribution would be. Before this there were several websites that would allow families to enter their financial information to get an estimate of what they might owe. This web site, however, should be a more accurate estimate since it uses the same information as the actual FAFSA.
The results of the FAFSA4caster is not official and has some minor differences from the FAFSA. For instance, the FAFSA4caster does not ask about drug convictions or require electronic signatures. However, for most people, this should provide the most accurate estimate of what their actual FAFSA results will be.
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