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
Many of your students depend on financial aid to attend college and earn their degrees. In 2017-18, the average full-time undergraduate student received $14,790 in financial aid, according to the College Board. But earning financial aid when starting college doesn’t guarantee your students will get it all four years, and some students find themselves facing Read More
U.S. News and World Report recently published a blog that showed taking college classes online can really affect the financial aid a student receives from traditional Colleges. When a college offers the option to either learn from home or return to campus and a student chooses the former, the financial aid office typically recalculates his Read More
The cost of College has continued to rise in recent years as many parents know. With the COVID-19 pandemic hitting, we may have hit a tipping point and many parents are realizing they don’t have the funds necessary to fully fund their children’s education. A recent study by Discover Student Loans bears this out as Read More
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