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What to Do When Your College Financial Aid Falls Short of Expectations

CFAA College Financial Aid Advisors

If you spot any mistakes or omissions, dont hesitate to contact the financial aid office to correct them. Contact Your Schools Financial Aid Office If your financial situation has changed since you applied for aid (e.g., Be sure to compare terms, interest rates, and repayment plans.

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The Big Questions About Scholarship Taxability

Scholarship America

Updated May 2023 Students who receive financial aid may have an unexpected bill to pay—a tax bill. While most scholarship awards are not taxed, there are a number or circumstances in which they can be, and many students and parents may not know the details. Do college students have to file tax returns?

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GAO Report: Cost of College Remains a Mystery

Diverse: Issues in Higher Education

According to the GAO report, students who pick a college that is unaffordable for them are more likely to have to cut back on essentials like food while attending and are more likely to drop out. Having more student loan debt may make borrowers less likely to become homeowners or to be able to save for their own or their children’s futures.

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How to Advocate for More Aid: A Student’s Guide to Appealing Financial Aid Offers

CFAA College Financial Aid Advisors

This includes not only grants, scholarships, and loans but also any work-study opportunities or other forms of support. Its important to check that your familys income and assets have been reported correctly and confirm youre not eligible for other scholarships or loan programs.

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How to Ask for More College Financial Aid (And Why You Should)

CFAA College Financial Aid Advisors

Many students don’t realize that asking for more financial aid is a legitimate strategy that can potentially lighten the cost of paying for school. Here’s why you should consider reaching out to a college financial aid office for more funding and how to approach the process!

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What Happens After You Say Yes? Navigating Post-Decision Steps for College

CFAA College Financial Aid Advisors

If the enrollment deposit is a financial burden, reach out to the admissions or financial aid office. Your Student Portal and Email This will become your new communications hub. Colleges will send important information about housing, orientation, tuition bills, and financial aid herenot to your personal email.

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How to Compare Financial Aid Packages and Get the Best Deal for College

CFAA College Financial Aid Advisors

Focus on Grants and Scholarships Grants and scholarships are the best forms of financial aid because you dont have to pay them back. Understand Loans Loans are another part of your financial aid package that you need to take seriously. Also, pay attention to the interest rates on loans.