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Answering a Dad’s Financial Aid Question

on January 14, 2013 in College Costs, College Savings, Financial aid, Money

Today I’m answering a question from a father, who is puzzled by the Expected Family Contribution figure he generated when using an EFC calculator. I think my answer to him will be helpful for just about anybody who will eventually be filing for financial aid. If you don’t understand what the term EFC is, please [...]

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Will Your Savings Hurt Your Financial Aid Chances?

on February 1, 2012 in Financial aid, Money

Many families worry that their college savings accounts will kill their chances for financial aid. It’s been my experience that it’s usually dads who get stressed out about how colleges will treat their college accounts for financial aid purposes. Some fathers whom I’ve talked are down right bitter. They are especially incensed at the possibility [...]

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