Paying for college: What you need to know

4:00 AM ET Fri, 5 Oct 2018

If you have a college-bound senior, now is the time to start the search for financial aid. This week, applications are accepted for FAFSA, the federal form most schools and states use to determine who gets loans, grants and work study awards. Senior Personal Finance Correspondent Sharon Epperson explains what they need to know about your financials, and what you need to know to cut that tuition bill.