Financial aid is key to the final and often tough choice of colleges

LARRY GORDON/EDSOURCE TODAY Decision day is finally here. The SAT exam and anxious cramming are past. Admissions application essays and financial aid forms were submitted months ago. And the happy acceptances and painful rejections from colleges and universities are in hand. So in recent days, Fernanda Soto and thousands of other California high school seniors […]

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Financial Aid Changes Ahead

(US News) By Farran Powell — With new federal financial aid changes in effect this year, colleges and universities are altering the way award letters are now handled. The change for the 2017-2018 school year comes after the Obama administration switched the tax year needed for filling out the Free Application for Federal Student Aid, commonly called the FAFSA, the […]

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Facts about aid, tuition for out-of-state students

(US News) By Farran Powell — Mississippi is a long way from Upstate New York, but Allie Hanson wanted to attend a public university out of state and chose her school based on its aid award. “Mississippi State has awesome merit-based packages,” says the 19-year-old sophomore, of Clifton Park, New York. “Because I got a 30 on my ACT, […]

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The FAFSA Is For Everyone–Use It!

(Forbes) By Willard Dix — I work with families with a wide range of incomes. When the time comes to discuss college costs, wealthier parents often tell me they won’t qualify for financial aid although paying the full comprehensive fee (tuition, room and board) will be a significant burden. Most parents initially assume that income is […]

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When PLUS is a minus

(Inside Higher Ed) By Andrew Kreighbaum — Federal PLUS Loans help parents cover the difference between the financial aid a student receives from their college or university and the full cost of attendance. They’re also not a sure thing — parents must be deemed eligible based on creditworthiness and be willing to borrow for their […]

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