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5 Ways to Increase Your Financial Aid Award

on March 31, 2011 in Admission practices, Admissions, Financial aid, Money

Note: Yesterday I promised that I’d share this post that I wrote last year when my son, who is currently finishing up his freshman year in college, was awaiting his financial aid awards. It’s a timely subject since so many families are routinely disappointed at the financial aid awards they are receiving. Student aid letters [...]

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Student Aid: 5 Ways to Negotiate for More Financial Aid

on March 21, 2010 in Financial aid, Money, Parents, Student Loans

Student aid letters are hitting mailboxes across the country this month. My son has been getting these financial aid letters and so have millions of other families. All this mail inevitably leads to a question that’s on many parents’ minds: If you are distressed with the dollar amount in a student aid letter, is it [...]

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No. 1 FAFSA Myth: College Savers Are Penalized

on January 27, 2010 in Admissions, College Savings, Financial aid, Money

I want to follow up on yesterday’s post that explained why saving for college almost never hurts a family’s chances for student aid. Yesterday I shared a chart that illustrates how colleges allow families to shelter a large chunk of their savings from FAFSA financial aid calculations. You can see the FAFSA chart by clicking [...]

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A New and Improved FAFSA

on June 24, 2009 in Financial aid, Other

Hallelujah. The Free Application for Federal Student Aid (FAFSA) is getting simplified. U.S. Education Secretary Arne Duncan  announced plans to make the FAFSA, which includes 135 questions on assets and income, more user friendly today. The news isn’t surprising. At his confirmation hearing, Duncan had this to say about the FAFSA form: “You basically have [...]

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