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EFC vs Net Cost

Families who are a few years out from college should calculate their EFC, but as college approaches and students start identifying schools they’re interested in, net price calculators become far more valuable. There can be vast differences between EFC and net price, and even significant school-to-school differences in net price due to different aid policies.

Do the FAFSA. Really.

Many schools’ FAFSA deadlines are rapidly approaching, or even past. Whether or not you think you’ll get need-based aid, you should be completing and submitting the FAFSA (and PROFILE, if applicable). What happens if you miss your school’s deadline? Each school has its own policies so

Outside Scholarships

Outside scholarships are those that come from someone other than the federal government or your school. Examples include National Merit Scholarships, scholarships from your or your parents’ employers, or from other civic institutions. Although these scholarships can be very valuable, there is a big difference between them and institutional grants coming from your school: You have to report them on…

What to do with Summer Job Money?

The change in the FAFSA’s timing from winter to fall has some potentially unforeseen consequences. One is student summer jobs. Even at minimum wage, a student who worked full-time for the summer may have earned $3,000 or more. Students who saved their summer income with the intent to spend it over the course of the school year may