Common App data through March 1 shows that the number of college applicants has more or less held steady this year, but the number of applications submitted increased by 11%. That means students applied to more schools this year than in past years. Which brings up the topic of yield. Yield is the percent of admitted students who enroll at…
Financial Aid
We’re almost there: acceptance letters are arriving and the May 1 decision day is right around the corner. For most families, how much schools cost is part of the decision making process. But comparing award letters from different schools might seem like comparing apples to taco salad. The good news is, all offers need to show total cost of attendance,…
“I got the internship!!!!!” my daughter texted me last week. “I thought this was going to be about outside scholarships,” you thought as you read that. In fact it is. I don’t talk a lot about outside scholarships because they tend to be far less beneficial than institutional merit aid or financial aid. Not only that, but you’re not likely…
A great deal of attention has gone to the renaming of the FAFSA’s Expected Family Contribution to Student Aid Index. The change is a good one, even if it is primarily cosmetic. The formula and inputs remain largely the same, and the end result is still what it has been: a tool with which colleges and universities can assess all…
169 pages of this week’s stimulus bill are devoted to FAFSA simplification. It’s a great step and I apologize that 169 pages of bill-speak have left me unable to simplify the changes for you yet. Here are a few broad points: The changes take effect beginning with the FAFSA for the 2023-2024 school year, which is the first FAFSA for…