Ep. 164 | Student Aid + Tax Planning (FAFSA)

In this episode of the Teaching Tax Flow Podcast, hosts John Tripolsky and Chris Picciurro, CPA, sit down with college funding expert Brian Eyster to break down one of the most misunderstood financial planning topics for families: FAFSA and college financial aid strategy.Episode 164 delivers a clear roadmap for navigating the rising costs of college by blending smart tax planning with proactive financial aid preparation. Brian demystifies the FAFSA process, explains major updates families must know, and shares actionable steps to maximize eligibility for need-based aid.Throughout the conversation, Brian highlights how income, assets, and timing play crucial roles in how much financial aid a student may receive. Listeners learn the key differences between FAFSA and the CSS Profile, how the shift from Expected Family Contribution (EFC) to the Student Aid Index (SAI) changes planning conversations, and why starting early—ideally during a child’s sophomore year of high school—can make a measurable difference.Parents also gain clarity on how certain assets work against them in the financial aid formula, what should be avoided at all costs, and how to strategically position their finances during the “base year” to legally and ethically reduce their SAI.Notable Quotes“Our job is to try and get the SAI lower and lower—legally, ethically, and morally.” — Brian S. Eyster“Think of yourself playing a chess match. You can win a chess game with a multitude of different strategies in place.” — Brian S. Eyster“For parents of juniors… this is your last chance to do anything proactively regarding your income.” — Brian S. Eyster“Parents, it is highly inadvisable for your children to own the assets at the time you’re completing these forms.” — Brian S. Eyster“The best place to reach out is through our website, where you can book a 20-minute call to determine if we get along and like each other.” — Brian S. EysterResources:Essential Strategies: Brian Eister’s company offers financial aid planning services.FAFSA Website: Official site for the Free Application for Federal Student Aid.Episode Sponsor:Strategic Associates, LLCRoger Roundywww.linkedin.com/in/roger-roundy-86887b23 (00:03) - Exploring FAFSA and Tax Strategies for College Aid Planning (04:37) - Strategic FAFSA Planning for College Financial Aid Optimization (12:40) - Understanding FAFSA and Asset Valuation for College Funding (16:19) - Understanding FAFSA and CSS for College Financial Aid (22:06) - The Importance of Annual FAFSA Completion for Financial Aid (25:25) - The Impact of Adjusted Gross Income on FAFSA and Taxes (26:26) - The Grad Process: Efficient College and Retirement Planning (31:03) - Aligning Business Relationships and Financial Planning (33:33) - Investment Advice and Legal Disclaimers in Financial Podcasts