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Understanding Financial Aid: Loans, Grants, and Work-Study Explained

CFAA College Financial Aid Advisors

As you prepare for college, understanding the world of finances can feel like learning a new language, especially when you start looking at your financial aid award letter. Heres a few key terms that you need to know when it comes to loans, grants, and work-study! Loans: Loans can be a tricky part of your financial aid package.

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Direct Admissions Helps Raise Applications, But Not Enrollments

Diverse: Issues in Higher Education

For a prospective college student beleaguered by the complexities of the application process, direct admissions is like a dream come true. Odle said that students tend to figure, “Once I’m in there, and I’ve already been admitted, why don’t I just go ahead and submit another application?” points likelier. “We

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Cordray to Step Down from Federal Student Aid Post

Diverse: Issues in Higher Education

Cordray worked to fix student loan system programs, like Public Service Loan Forgiveness and Income Driven Repayment, and oversaw the development and implementation of the SAVE Plan. Cardona said the COO revitalized the FSA Enforcement Unit to hold schools accountable for cheating students and combated student loan scams.

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5 Big FAFSA Updates That Will Impact Your Financial Aid This Year

CFAA College Financial Aid Advisors

For students preparing to apply for financial aid, the Free Application for Federal Student Aid (FAFSA) is a crucial part of the process. This can help to maximize your eligibility for aid and financial aid funding. Submit your application as soon as you can!

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Early Action: Gain Admission to College Early Without Financial Aid Pressure

CFAA College Financial Aid Advisors

As a high school senior, the college application process can feel like a marathon. If you’re looking to gain admission to your dream school without the added pressure of figuring out your financial aid package right away, Early Action might be the perfect choice for you. What Is Early Action?

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Regular Decision: Your Best Option for Comparing Financial Aid Offers to Pay for College

CFAA College Financial Aid Advisors

It’s also about how to make it work financially. That’s where the timing of your college applications can have a big impact. While options like Early Action and Early Decision may sound appealing for getting a jumpstart on the admissions process, if financial aid is a priority for you, Regular Decision might be your best bet.

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Early Action vs. Regular Decision: Which Is Best for Your Financial Aid Strategy for College?

CFAA College Financial Aid Advisors

If your family is navigating the financial aid process, the timing of your application can impact your financial aid strategy, too. Early Action vs. Regular Decision: The Basics Early action applications are typically due in early November and you hear back by mid-December. It’s also non-binding.