Considering financial aid to help pay for your child’s college education?

Fill out the Free Application for Federal Student Aid form (FAFSA) at www.fafsa.ed.gov and file it in January or February of your child’s senior year in high school.

But the authors of Kiplinger’s Practical Guide to Your Money (Dearborn) suggest that you cut your income and assets beforehand.

Source: Boston Herald, Take stock before you apply for college aid