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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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Breaking Down Your Financial Aid Letter: What’s Free Money and What’s Not

CFAA College Financial Aid Advisors

Receiving your financial aid letter is a huge milestone in your college journey, but it can also be overwhelming. Heres your financial aid breakdown: Free Money: Grants and Scholarships Grants and scholarships are the best parts of your financial aid package because they dont require repayment.

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Smart Families Plan Early: Financial Aid Prep You Can Start Today

CFAA College Financial Aid Advisors

If you’re a high school student (or the parent of one), college might still feel far offbut when it comes to paying for it, now is the perfect time to start planning. The earlier you prepare for financial aid, the more opportunities you’ll unlock. Financial aid doesnt just happenit takes planning.

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

CFAA College Financial Aid Advisors

As a high school student preparing for college, one of the most excitingand sometimes stressfulmoments is receiving your financial aid packages. Colleges often send out different offers with varying amounts of financial support, and it can be tricky to figure out which one is the best deal for you.

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

CFAA College Financial Aid Advisors

Higher education becomes even more expensive when students receive their financial aid offers – and theyre smaller than everyone hoped. Heres 6 things you can do when your college financial aid falls short of expectations: 1. Double-check the accuracy of your financial aid award.

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

CFAA College Financial Aid Advisors

But what if I told you that you might have more financial aid options than you realize? 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. Ask if there are any other forms of aid or funding you can apply for.