The College Solutions Blog

Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.

Expected family contribution
January 24, 2012

Answerings Readers’ Questions About the FAFSA

Now that we’re in the thick of FAFSA season, I wanted to answer some questions on my college blog that I’ve been getting about financial aid forms. If you have your own questions, please leave them in the comment box below. Lynn O. Mom’s question: Try as I might I still can’t get my hands around the whole financial aid...
Read More
4
January 9, 2012

Getting Bad News From Johns Hopkins

I have been writing college blog posts recently about teenagers who have arguably been applying to the wrong colleges. (Scroll to the bottom to see my three previous posts.) All my posts have involved families who required financial aid, but today I’m sharing the plight of a father who is too wealthy to receive need-based help. Anxious Dad’s Email Here...
Read More
14
December 7, 2011

Should I Hide My Home Equity?

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 received from a father who was interested in using the services of a CPA who says he could hide his home equity from financial aid formulas. Here is the salient...
Read More
6
October 13, 2011

How To Determine Your EFC

In my last blog, I talked about why it’s important to know what your EFC or Expected Family Contribution is. Here is the post: What Is Your Expected Family Contribution? Today, I’m going to show you how you can get a preliminary EFC, which is not as tough as you might assume. You just need to use an online EFC...
Read More
0
October 12, 2011

What is Your Expected Family Contribution?

What is Your Expected Family Contribution? Do you know what the term Expected Family Contribution or EFC means? Most of you probably don’t so I’m devoting the next couple of college blog posts to explaining what an Expected Family Contribution or EFC is and why it’s so important. If you file for financial aid through the Free Application for Federal...
Read More
4
September 29, 2011

Don’t Believe These 4 Financial Aid Myths

4 Stubborn Financial Aid Myths I think that many of the misconceptions that people possess 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. Myth No. 1:  I make too much money to qualify...
Read More
0
August 15, 2011

4 Stubborn Financial Aid Myths

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 make too much money to...
Read More
3
June 19, 2011

Can This Family Afford Syracuse University?

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 give a college talk recently...
Read More
2
February 22, 2011

My College Video – Check it Out!

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....
Read More
1
January 4, 2011

Dubious Financial Aid Advice: Hiding Home Equity

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 aid formulas. Here is the...
Read More
1