Tag Archives | EFC Formula

A Troubling Financial Aid Wrinkle

Parents are often worried about how their assets will impact their chances for financial aid. Often their fears are overblown because financial aid formulas don’t penalize families for all their assets. But it is true that families are now experiencing a harder time protecting their assets from financial aid calculations because of a horribly flawed […]

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Will Your Savings Hurt Your Financial Aid Chances?

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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