CFAA College Financial Aid Advisors

NOVEMBER 18, 2024

On the flip side, Regular Decision applicants typically hear back in March or April and will receive both their admission and financial aid offers at roughly the same time. If you’re accepted to multiple schools, you’ll be able to compare the financial aid offers you receive.

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CFAA College Financial Aid Advisors

OCTOBER 21, 2024

Even without being able to file the form right now, there’s still plenty students and their families can do to be prepared to send in their FAFSA! The FAFSA is how the amount of aid a student receives via federal grants, loans,work study, and more is calculated. Why Do I Have to File the FAFSA?

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CFAA College Financial Aid Advisors

MAY 27, 2024

Understand Financial Aid Options : Familiarize yourself and your student with the financial aid options available at the college. Explore scholarships, grants, and student loans, and don’t hesitate to reach out to the financial aid office for guidance.

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CFAA College Financial Aid Advisors

SEPTEMBER 23, 2024

Here’s some things you need to know to help with your understanding of financial aid forms. FAFSA Overview The FAFSA is your gateway to federal financial aid, including grants, work-study programs, and loans. Now, you’ll get that information in the Student Aid Index.

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CFAA College Financial Aid Advisors

MARCH 18, 2024

From there, they are able to offer financial aid accordingly. Any financial aid offer letters received will outline the amount of scholarships, grants, and loans you can expect. Remember to carefully determine who will be paying the loans after graduation with your student!

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CFAA College Financial Aid Advisors

OCTOBER 14, 2024

This form is one of the most important for students and families to file, if not the most important form to be completed. The FAFSA is the way that students qualify for federal grants, loans, and work-study opportunities. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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CFAA College Financial Aid Advisors

APRIL 22, 2024

Find out whether grants and scholarships are renewable, and what the anticipated increase is for next year’s tuition so you can plan ahead. From this amount you can subtract the amount of financial aid most students receive that does not have to be repaid, such as grants and scholarships.

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CFAA College Financial Aid Advisors

DECEMBER 8, 2023

Perhaps one of the biggest pros of the SAI is that more students will be able to receive access to Pell Grants. Access to Pell Grants is typically based on family size and the federal poverty line. Starting this year, applicants who don’t qualify for a max Pell Grant if their SAI is less than the maximum grant amount.

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CFAA College Financial Aid Advisors

JULY 21, 2024

This is the perfect time to find scholarships and grants to reduce your next year’s college costs. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. You can also learn more about personal finances from local seminars, webinars, or experts.

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CFAA College Financial Aid Advisors

JUNE 3, 2024

I know that closing the gap between what aid is being offered and what your family can provide can feel tricky. So, here are ten creative ways to cover your students college costs: #1: Apply for Scholarships and Grants Start by researching scholarships and grants offered by various organizations, institutions, and even local businesses.

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CFAA College Financial Aid Advisors

MARCH 11, 2024

Subtract any grant and scholarship offers you’ve received from that figure. Compare these numbers between schools to see which is a better financial fit. Look for Qualifiers on Money You’re Receiving : Make sure all grants and scholarships listed are available for the full time of enrollment, as long as you meet qualifications.

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CFAA College Financial Aid Advisors

FEBRUARY 12, 2024

The Department of Education uses the FAFSA to determine students’ eligibility for federal financial aid based on their financial situation. Completing this form could provide you with access to federal grants, scholarships, work-study, and loans, different forms of money to pay for school.

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CFAA College Financial Aid Advisors

JANUARY 3, 2024

EFC: The Expected Family Contribution will be changed to the Student Aid Index (SAI). Pell Grants: More students will be eligible to receive maximum or partial federal Pell grants. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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CFAA College Financial Aid Advisors

JUNE 24, 2024

Explore Alternative Funding Sources Exhaust all other financial aid options, such as scholarships, grants, work-study programs, and savings, before turning to student loans. Every dollar your student can secure through non-loan sources reduces their future debt burden.

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CFAA College Financial Aid Advisors

FEBRUARY 5, 2024

Be sure you know how much of each financial aid offer comes. You’re likely to see scholarships and grants you will not have to repay, and student loans that you will have to repay. Make one last effort at increasing financial aid Remember, the colleges are looking at financial aid information from the last year.

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CFAA College Financial Aid Advisors

APRIL 15, 2024

Then subtract out the grants and scholarships from individual schools, along with any scholarships you won on your own, for a bottom line net cost figure. See if any schools are expecting you to participate in a work-study program that will provide money within their aid package.

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CFAA College Financial Aid Advisors

DECEMBER 11, 2023

One thing that has not changed about the FAFSA is that any current high school senior who plans to attend college in the fall and any current college students should still file the FAFSA. As a reminder, the FAFSA gathers information about your financial needs so your student can be offered work-study, grants, and student loans.

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CFAA College Financial Aid Advisors

MAY 3, 2024

Explore Financial Aid Options : Take the time to research and explore the various financial aid options available to you, including scholarships, grants, loans, and work-study programs when paying for school. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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CFAA College Financial Aid Advisors

DECEMBER 3, 2023

For students who are applying on the regular timetable, the delay of the FAFSA release is likely to not impact financial aid. How are the updates impacting Pell Grants or other offers for low to middle income students? Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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CFAA College Financial Aid Advisors

MARCH 25, 2024

Find out whether they have a substantial grant and scholarship program , learn about on-campus and off-campus work opportunities, and ask if there are clubs that focus on your major or if you can start one, because you want to find out what is different about this college or why other students choose to attend it.

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CFAA College Financial Aid Advisors

MAY 6, 2024

The FAFSA serves as the primary application for federal student aid programs, including grants, loans, and work-study opportunities. Additionally, many states and colleges use the FAFSA to determine eligibility for their own financial aid programs.

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College Planners of America

APRIL 5, 2024

On January 30, the day before it was scheduled to start transmitting ISIR’s to colleges, the ED announced that most ISIR’s wouldn’t go out until mid-March. The ED needed time to change its aid formula to account for inflation, which was required under the Act but which hadn’t been included in the project. Department of Education.

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College Planners of America

APRIL 5, 2024

On January 30, the day before it was scheduled to start transmitting ISIR’s to colleges, the ED announced that most ISIR’s wouldn’t go out until mid-March. The ED needed time to change its aid formula to account for inflation, which was required under the Act but which hadn’t been included in the project. Department of Education.

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Diverse: Issues in Higher Education

FEBRUARY 28, 2023

After months of uncertainty for borrowers, the Biden administration’s student loan debt cancellation program, which offers $10,000 of relief to those making up to $125,000 and $20,000 for Pell Grant recipients, came before the Supreme Court on Tuesday, in oral arguments that stretched for over an hour past their scheduled time.

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College Planners of America

APRIL 28, 2023

The FAFSA for the 2024-25 admission cycle is now scheduled to open in December 2023. This will adversely affect the college plans of students planning to apply in the 2023-24 admissions cycle as well as students who need to re-apply for Federal aid each year.

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College Planners of America

APRIL 24, 2024

Students and, for those who are dependents, their parents, fill it out and submit it to the ED. The FAFSA eligibility calculation did not account for inflation from 2020 to 2023, which was 18%, so many students were incorrectly considered ineligible. Students eligible for Pell Grants have been denied because they are dependents.

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College Planners of America

APRIL 24, 2024

Students and, for those who are dependents, their parents, fill it out and submit it to the ED. The FAFSA eligibility calculation did not account for inflation from 2020 to 2023, which was 18%, so many students were incorrectly considered ineligible. Students eligible for Pell Grants have been denied because they are dependents.

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