Apply for Scholarships and Develop a Scholarship Calendar Many students and parents concentrate on applying for college, complete the Free Application for Federal Student Aid (FAFSA) and then wait for the colleges to send them a financial aid offer. After the dollar amounts offered do not meet their needs, then they reach out to people Read More
A new study conducted by Discover Student Loans related to the FAFSA found the following facts: Nearly 1-in-3 parents have never talked to their child about the FAFSA, and another 22% have discussed it just once or twice. o 30% of parents said applying for scholarships, grants, loans and other forms of financial aid is causing their Read More
Most college students are financially limited and adult life is starting to become their new norm. You just graduated high school, not yet working on your dream career, and still learning who you want to become. As you build your adult life, good finances will be a common denominator in how far you go. Use Read More
You, your family, school, or organization have an idea to create a scholarship program to support students. This is wonderful way to assist students pay for educational expenses. In many cases the scholarship application requirements, application review process and how funds will be disbursed to the student’s college or university are topics which results in Read More
The pandemic caused havoc on the college admissions process as Colleges were unable to use traditional recruiting means to reach students. Many students upended their plans and the traditional tours of colleges were cut all together for them. Financing that College education also took on more angst as many parents jobs were lost or put Read More
There are five major changes coming to FAFSA. Here’s what they are: The FAFSA is getting shorter: The number of questions on the FAFSA form will be capped at 36. This is a significant reduction from the current 108 questions. Some tax information – like tax returns – will also be automatically imported going forward, which Read More
Teaching students about money lessons is essential for raising adults who are comfortable talking about and handling their money Here are 5 great tips for helping students learn about money. 1. Talk About Family Finances We’re not suggesting that you study your financial spreadsheets with your kids for a family fun night, but your children Read More
The cost of attending a four-year college has never been higher. Tuition and fees, alone, reached $10,560 for in-state students at four-year public colleges in the 2020-21 academic year, and $37,650 for students at four-year private institutions, according to the College Board. The Princeton Review recently surveyed more than 650 public and private colleges over Read More
1. Expected Family Contribution (EFC) After successfully completing the Free Application for Federal Student Aid (FAFSA), you will be provided a Student Aid Report (SAR). On the SAR is a number called the Expected Family Contribution (EFC). The EFC is the number that determines your eligibility for Federal Student Aid (FSA) from your FAFSA results Read More
The Free Application for Federal Student Aid will be undergoing significant changes soon and families, who hope to obtain financial aid, need to prepare for the FAFSA changes. Tucked into federal pandemic relief legislation that Congress passed during the Christmas holidays, was a dramatic overhaul to the FAFSA and financial aid rules. Last week, I Read More
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