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A Financial Aid Letter That Gets It Right

on March 27, 2013 in Admission practices, Admissions, Financial aid, Money, Scholarships

Many colleges do a horrible job of presenting their financial aid awards in an easy-to-understand way.  As I’ve been explaining in my last two posts, I believe this is largely intentional: What’s Wrong With This Financial Aid Letter Evaluating a Financial Aid Award Recognizing this shameful behavior, the federal government has created a financial aid [...]

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Evaluating a Financial Aid Award

on March 25, 2013 in Financial aid, Money, Scholarships, Student Loans

This is the second day that I’m devoting to evaluating financial aid letters. If you missed it, here is the first post that I wrote on this important subject: What’s Wrong with This Financial Aid Letter? Today I’m sharing another financial aid award that I obtained from Paula Bishop, a CPA from Bellevue, WA, who [...]

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What’s Wrong With This Financial Aid Letter?

on March 22, 2013 in College Costs, Financial aid, Money, Scholarships

Many financial aid letters  — heck almost all of them –  are confusing. I’ve always wondered why award letters are so difficult to understand. Perhaps the staffers generating these letters in the bowels of universities have been conversing in financial-aid speak for so long that they have lost their ability to communicate in standard English. [...]

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Is This College Generous?

on March 19, 2013 in Evaluating Schools, Financial aid, Money, Research, Scholarships

What does the financial aid look like for a school that is generous? In my last post, I illustrated what a stingy university looks like using statistics that you can find on the College Board. If you missed the post, here it is: Is This University Stingy? Today I’m going to use the same tools [...]

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Is This University Stingy?

on March 15, 2013 in Admissions, Applying, California universities, Colleges, Financial aid, Money, Scholarships

If you require need-based financial, you should hunt for schools that are generous with their aid packages. This is the advice that I shared in my last college blog post: Where Is the Financial Aid Cash? If you didn’t read it, I’d suggest that you do before continuing on with this post. If money is [...]

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Where’s the Financial Aid Cash?

on March 12, 2013 in Admission practices, Admissions, Financial aid, Money

This is the time of year when students are receiving their financial aid awards. I’m sharing a letter today from a mom who is unhappy about financial aid letters that her son has been receiving. Lynn O’Shaughnessy Hi Lynn, I’m a parent relatively new to the financial aid process and I have a question.  Once [...]

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