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

CFAA College Financial Aid Advisors

Whether youre planning to attend college soon or just thinking about your future, understanding the different types of financial aid you might receive is key to making smart decisions about paying for your education. Heres a few key terms that you need to know when it comes to loans, grants, and work-study!

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

CFAA College Financial Aid Advisors

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. Make sure to account for these extra costs when evaluating your aid package.

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

CFAA College Financial Aid Advisors

The new rules clarify which students can qualify as independent, particularly those who are veterans, married, or emancipated minors. Increased Pell Grant Eligibility The FAFSA changes also come with an expansion of Pell Grant eligibility. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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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. If one school is offering a larger grant, thats free money you dont have to worry about repaying, and it can make a huge difference in the total cost of attendance.

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Commit with Confidence: A Guide to College Enrollment Before May 1st

CFAA College Financial Aid Advisors

Before you commit, make sure youve looked at: Your financial aid package (Whats a grant vs a loan? Which aid is renewable?). Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. The total cost of attendance , not just tuition. Make sure all components feel like the right fit.

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How to Make College More Affordable: Why Early Financial Aid Planning Matters

CFAA College Financial Aid Advisors

While thats true, the earlier you start thinking about financial aid, the more options and opportunities you’ll have. Colleges have different deadlines, scholarships come with various eligibility criteria, and grants can require some paperwork that takes time to gather. What is Financial Aid?

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Understanding the FAFSA Deadlines: Don’t Miss Out on Money for College!

CFAA College Financial Aid Advisors

FAFSA deadlines can vary depending on where you live, where youre going to school, and what kind of aid youre applying for so its important to pay attention. Why FAFSA Deadlines Matter The FAFSA is the key to unlocking a variety of financial aid options, including federal grants, work-study programs, and loans.

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