Advisor Roundtable

April 26, 2023

Webinar Recording

Per usual, Dan Bisig had lots of great questions! Here are the highlights of the discussion:

  • The following FAFSA Simplification Act changes are already reflected in the AWS/CAP software:
    • Elimination of Multi-Student Discount which can be seen in the “All Four Years” Report
    • Child Support treated as an asset instead of income
    • 401k & 403b pre-tax contributions and other untaxed income no longer added back to income
  • Translate a Financial Aid Offer as well as Business Value Inclusion – coming in the future
  • Live walk-through in AWS/CAP on how advisors can create a new “What If” scenario
  • Appeals season is winding down but students can still appeal and wait for answers
  • Answered questions about the elimination of the Multi-Student Discount on the FAFSA versus the CSS Profile
  • How Divorce is going to be handled on the FAFSA and CSS Profile moving forward
Helpful Link(s):
  • Don’t forget to sign up for CAP’s new Advisor Slack Community
    (Current community is going away at the end of April). Interact with other advisors, ask questions & get timely responses from our experts and others in the community.
    Acces HERE
  • A must-read article shared on CAP’s Advisor Slack Community regarding the Education Department FSA Office and lack of funding: Read HERE
  • Two articles on the FAFSA Simplification Act: View HERE & HERE


  • Make sure to follow us on Youtube to see all of the videos we’re putting out on timely topics for the college planning process

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