College Planning During Divorce: Financial Aid, FAFSA, and Avoiding Costly Mistakes with Jack Wang

College planning becomes even more complex during divorce. College planning strategist and Smart College Buyer podcast host Jack Wang explains how financial aid rules, FAFSA changes, and scholarships impact divorced families and what parents can do to avoid overpaying for college.

In this episode of Dishing on Divorce, Mandy and Deanna sit down with Jack to unpack the often-confusing intersection of divorce, financial aid, and higher-education planning. Drawing from both professional expertise and his own experience navigating divorce while raising two sons, Jack shares practical guidance to help families make thoughtful, financially sound decisions about college.

The conversation explores common misconceptions about financial aid, including who actually fills out the FAFSA in divorced families, how remarriage and stepparent income can affect aid eligibility, and why timing major financial decisions during high school years can make a significant difference in the aid a student receives.

Jack also explains the additional complexity of CSS Profile schools, the role of institutional scholarships, and how families can think more strategically about choosing colleges based on financial fit rather than just academic reputation.

For divorced parents, the discussion highlights the importance of early planning and communication. Mandy and Deanna explore how parents can align expectations about what it means to “pay for college,” how divorce agreements can influence future college costs, and why understanding the financial aid process earlier than most families expect can make a meaningful difference.

The episode also covers recent legislative changes affecting federal student loans and what those changes may mean for families planning for college in the coming years.

Whether you are newly divorced, navigating co-parenting, or simply trying to make wise financial decisions for your family, this episode offers valuable insight into one of the largest financial investments many parents will ever face.

Connect with Jack: jack@innovativewealth.com

Check out his Podcast: smartcollegebuyer.podbean.com/ 

Connect with Mandy and Deanna: concierge@vestadivorce.com