We have additional posts explaining the depths of college financial aid (here) but we wanted to answer one common question very simply…. do you NEED to apply for financial aid? Yes! Let us explain…We encourage all families to apply for financial aid for at least the first year of college. After the student decides which coll [...]
As you already know, college is expensive! Many families across the country are kept awake at night struggling to figure out how they will afford to put their kids through college.
If you are one of the lucky few that are financially secure for such an expenditure, you may be certain that you will not qualify for financial aid. You may ask yo [...]
I recently met with a family who was extremely frustrated by the lack of money that they received from the school that their daughter was going to attend.
The student scored a 33 on the ACT Test, however she was awarded zero dollars in financial aid.
She was attending a state school and therefore a 33 should have been more than enough to re [...]
We have put together three quick tips to help you understand financial aid award negotiations.
Tip #1: Understand the Principle Terms for Negotiation
Before a negotiation can take place, it is first necessary to review the SAR or Student Aid Report which indicates the EFC or Expected Family Contribution. This number when coupled with the scho [...]
College recruiters are in a sense like parents of small children. In order to get their children to behave, act in a certain manner or perform a sometimes very simple task, an award is offered. Take away the award and many children, through no fault of their own, are less likely to follow directions or put their best foot forward.
College re [...]
The following is a fictional conversation between a mother and her junior in high school daughter, but it may seem awfully familiar.
Mother: Alright kiddo, it’s time to start discussing college so we can figure out how we are going to pay for your education.
Student: But I’m not sure what I want to do or where I want to go, how am I supposed [...]
Within our business, we constantly hear concerns from families about their struggles to fund the cost of college. Unfortunately, given the yearly increases to these brutal college prices, this difficulty will not soon go away.
As in any difficult situation however, parents can ease their burden by understanding the value that comes from seeki [...]