Some colleges are really good at making a little look like a lot. Others are good at meeting students’ need. It’s up to you to figure out which bucket the schools that accepted your student fall into. Here are some critical points in reviewing aid offers:
Need-based Aid
and rapidly! Just because the “official” federal FAFSA deadline for next school year isn’t until next June doesn’t mean you can wait. Why?
The College Board’s 2014 Trends in College Pricing report highlights some interesting points about the cost of attending college. One item stood out in particular to me: While average published prices increased from the 2013-2014 to 2014-2015 school year in all higher ed sectors (by 2.9% for four-year public in-state, 3.3% for four-year public out-of-state, and 3.7% at four-year private non-profits), average net…
One of the great things about filling out the FAFSA is, you become eligible for all the federal aid that’s out there. Pell Grants are one form of aid that many people are surprised to find they’re eligible for. Pell Grants are awarded on a strict need basis. However, because of the way the aid formulas work, a middle-class family…
According to a recent study by Nerdwallet, here, only about half of high school seniors completed the FAFSA in 2013. Admittedly not all high school seniors go on to college, but much of the aid that is awarded through the FAFSA, including Pell Grants, can be used to pay community college and vocational school costs. In addition, you need to…