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A Financial Aid Letter That Gets It Right

on March 27, 2013 in Admission practices, Admissions, Financial aid, Money, Scholarships

Many colleges do a horrible job of presenting their financial aid awards in an easy-to-understand way.  As I’ve been explaining in my last two posts, I believe this is largely intentional: What’s Wrong With This Financial Aid Letter Evaluating a Financial Aid Award Recognizing this shameful behavior, the federal government has created a financial aid [...]

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Is This College Generous?

on March 19, 2013 in Evaluating Schools, Financial aid, Money, Research, Scholarships

What does the financial aid look like for a school that is generous? In my last post, I illustrated what a stingy university looks like using statistics that you can find on the College Board. If you missed the post, here it is: Is This University Stingy? Today I’m going to use the same tools [...]

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Where’s the Financial Aid Cash?

on March 12, 2013 in Admission practices, Admissions, Financial aid, Money

This is the time of year when students are receiving their financial aid awards. I’m sharing a letter today from a mom who is unhappy about financial aid letters that her son has been receiving. Lynn O’Shaughnessy Hi Lynn, I’m a parent relatively new to the financial aid process and I have a question.  Once [...]

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6 Ways to Get Help on the PROFILE and FAFSA

on January 21, 2013 in Admissions, Applying, Financial aid, Money

Are you intimated at the prospects of tackling your financial aid applications? Join the crowd. It’s easy to make mistakes on the forms and these errors could cost you a ton of money. Resources exist, however, to help you survive the process. Here are six resources to get you started: 1. Use FAFSA on the [...]

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Need Aware vs. Need Blind Colleges

on November 14, 2012 in Admission practices, Admissions, Applying, Financial aid, Money

My last post focused on whether families should indicate on a college application whether they will seek financial aid. Here’s my position: if you need financial aid to attend college, you should apply for aid. In case you missed it, here is the post: Why Failing to Apply for Financial Aid Can Be a Mistake [...]

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Why Failing to File for Financial Aid Can Be a Mistake

on November 12, 2012 in Admissions, Applying, Financial aid, Money

Here’s a variation of a question that I always get at this time of year: Someone told me yesterday that it’s better to answer “No” to the “Do you intend to apply for need based financial aid” question on the Common Application.  My son has already submitted his applications and he answered “yes” to that [...]

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