Over the last few weeks, I have been receiving several questions on Facebook, Twitter and other forums from parents and students about financial aid. Many of the questions were about the Free Application for Federal Student Aid (FAFSA), which I addressed in Part 2 of this series, but an even greater number of questions were submitted about scholarships. Many students voiced their concerns about the pressure they feel from their parents to locate scholarships and win awards. I got the impression that these students felt like they were drifting in the ocean without any way of staying afloat. Fortunately, they were not alone in their fears, as I received several similar questions. Here are some of the most common concerns students shared regarding the scholarship process. Read the rest of this entry »
The second part of this series focuses on the Free Application for Federal Student Aid (FAFSA), as many parents and students often find this to be one of the most confusing aspects of the college financial aid process. Students often miss out on free money for college because they feel intimidated by the form or don’t understand how the information is being used by colleges. The following questions, which were submitted by our followers on Facebook, Twitter and other forums, will hopefully shed some light on the subject and help you understand the importance of completing the FAFSA each year. Read the rest of this entry »
Over the years, I’ve had the privilege of helping many parents and students navigate through the world of college financial aid. It’s always a pleasure to steer people in the right direction. In fact, it’s what I love most about my job. Let’s face it; figuring out where to find financial aid and how to get it can seem like an impossible task sometimes. Who’s eligible? What makes one scholarship essay better than another? How much is available? These are all are great questions that repeatedly come up, but in the world of financial aid, there are no stupid questions. Over the next few weeks, I’ll be answering many of the questions I have received on Facebook, Twitter and other financial aid forums this year. I hope that sharing these responses will help make your experiences with financial aid a little easier and a lot less intimidating. Read the rest of this entry »
When I started the college planning process, I never thought about how I was going to pay for it all. Like some students, I assumed my stellar grades and extensive extracurricular activities would automatically have schools throwing money at me. Guess what? That never happened. I quickly found out that there are deadlines and applications involved, and that scoring scholarships can be just as competitive as getting into a college. I certainly wish someone would have given me some advice about what to ask the financial aid office, as it would have made the whole process so much easier. I was clueless about financial aid, how to get it, and how to keep it. To ensure you don’t follow in my footsteps, be sure to ask the financial aid office at each of your prospective colleges the following questions. Read the rest of this entry »
Financial aid is a lot like a football game. If you’re unfamiliar with the lingo, it can leave you dazed and confused. Just imagine what it would be like if a coach were to send in a quarterback without giving him a playbook or any tools to create an effective offense. In most cases, he would fail to move the ball. For some students, that’s exactly what has happened during the college planning process; they’ve received their college financial aid applications, but nobody has taken the time to explain what it all means. But don’t throw in the towel just yet. Here are 10 important terms that can help you score a financial aid touchdown! Read the rest of this entry »
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