Archive | Financial aid

How Home Equity Impacts Financial Aid

Have you given any thought to how home equity might hurt your child’s chances for financial aid? Luckily, at most state and private colleges and universities, the equity in your primary home is a non-issue. That’s because most schools only require families to complete the FAFSA (Free Application for Federal Student Aid) when applying for […]

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10 Things You Need to Know About College Net Price Calculators

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 nervously okay with their children disregarding price when finalizing their lists. The attitude of these moms and dads can be summed up […]

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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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Should You Pay More Than $66,000 for Northeastern University?

This is the time of year when parents and teenagers stress about their college choices. Parents whose children have expensive collegiate tastes can struggle with the some variation of the following question: Should they spend obscene amounts of money so their children can attend their dream school or should they insist that their children stick […]

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