Archive | Money

How To Decipher a Financial Aid Letter

Financial aid awards are often confusing. I believe many colleges and universities intentionally make financial aid awards hard to decipher to trick families into thinking that their institutions are being generous even when they aren’t. Obfuscation is an effective way to keep parents off balance. Since we are heading into the season when students will […]

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How To Get Help With the FAFSA

The FAFSA season begins January 1. That’s the date when families can begin filling out the Free Application for Federal Student Aid for the 2016-2017 school year. Parents need to complete the FAFSA or their children won’t be eligible for federal or state aid. In addition, most colleges use the FAFSA to determine who will […]

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No More Financial Aid Rush

One of the most unpleasant aspects of filing for financial aid is how rushed the process has always been. The Free Application for Federal Student Aid isn’t released until Jan. 1 each year, which has never given parents much time to file for financial aid. This is especially true since families need their tax returns […]

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Your First Financial Aid Step

If paying for college is going to be a challenge, and it usually is, it’s important that you obtain your Expected Family Contribution before your begin looking at colleges with your teenagers. In fact, obtaining your EFC should be the FIRST STEP you take in the college process. Here is a quick rundown of what an EFC […]

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Don’t make this dangerous college mistake

Here is what typically happens during college admission season: Students apply to whatever colleges they want without having any clue about whether these schools will give them grants and/or scholarships.  Parents are often onboard with their children disregarding price when finalizing their lists. The attitude of these moms and dads can be summed up this […]

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