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4 Stubborn Financial Aid Myths

4 Stubborn Financial Aid Myths

on August 15, 2011 in Financial aid, Money

I think the most misconceptions that people have about the college process revolve around financial aid. With the college admission season about to head into high gear, today I want to share the four financial aid myths that are probably the most common. Here are four of the most stubborn financial aid myths. 1. I [...]

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Can This Family Afford Syracuse University?

Can This Family Afford Syracuse University?

on June 19, 2011 in Admission practices, Admissions, Applying, College Costs, Money, Scholarships

When students are shopping for colleges, admission representatives typically urge them to ignore the sticker price. Here’s what these college reps routinely say:  We’ve got lots of financial aid and scholarships. Just APPLY! I was reminded of why applying blind is such a reckless strategy when a mom contacted me after her husband heard me [...]

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Making Our Last College Payment!

on March 16, 2011 in College Costs, College Savings, Financial aid, Money

My husband and I reached a milestone yesterday. We made our last payment for our daughter’s bachelors degree. Caitlin is graduating from Juniata College in May and we’ve managed to pay for her degree — she double majored in business and Spanish — without taking out loans.  I should have bought a bottle of champagne [...]

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My College Video – Check it Out!

on February 22, 2011 in Financial aid, Money, Parents

I’m trying something different today. I have posted a college video of myself talking about the importance of the Expected Family Contribution. Riveting stuff! If you don’t know what your EFC is, you really should find out now! FYI, I plan on posting college videos on various topics on a regular basis.

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Dubious Financial Aid Advice: Hiding Home Equity

on January 4, 2011 in Admissions, Evaluating Schools, Financial aid, Money, Parents, Student Loans

It’s the time of year when families of high school seniors start worrying about their home equity and financial aid. That’s why I decided to share an email that I got yesterday from a father who was interested in using the services of a CPA who says he could hide his home equity from financial [...]

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Is Your EFC Too High?

on November 28, 2010 in Financial aid, Money, Scholarships

Is your EFC too high? I have been hearing from families of high school seniors who have calculated their preliminary EFC or Expected Family Contribution and are now panicking. They can’t believe how high their EFC is. Your EFC can provide a decent idea of what a college will assume you could pay for one [...]

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