Merit Aid for the Class of 2021

In this brave new world of few or no school sports, extracurricular activities and standardized tests, many students are wondering how they will qualify for merit aid. First: Merit aid hasn’t gone away. Second: The majority of merit aid goes to good students, not good athletes or musicians. Families who are concerned about athletic scholarships might take heart knowing this:…

Early Decision and Early Action

Should you apply ED? Let’s start with what ED and EA are. Early Decision is a binding commitment that if you are accepted to the school, you will attend and will withdraw all other college applications. Early Action, on the other hand, is typically simply a quicker response from the school that still gives the student until the regular admission…

FAFSA: What to do with Student Money

Parents spend a lot of time and effort planning for their own assets on the FAFSA. It’s worth taking at least as much time to think about your student’s assets, both since they count a lot more and since there are good ways to shelter them. Unlike parents, students don’t get an Asset Protection Allowance, so 100% of their assets…