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

CFAA College Financial Aid Advisors

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. Its important to balance work-study with your class schedule to avoid burnout. If you qualify for a Pell Grant, you could receive a substantial amount of aid.

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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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Student Loan Deadlines for 2022-2023: COVID-19 Relief, FAFSA and Others

Student Loan Hero

What are the COVID-19 student loan relief deadlines for federal debt repayments? You may have heard some student loan servicers are closing shop — when does that happen? Over next two years: Many federal student loan servicer contracts due to expire. When do you need to file your FAFSA for this year?

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

CFAA College Financial Aid Advisors

Understand Your Financial Aid Package Review your award letter carefully to ensure you’re fully understanding whats offeredscholarships, grants, loans, and work-study opportunities. Some schools allow students to appeal for additional aid if they can demonstrate extenuating circumstances. Borrow only what you truly need.

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5 Common FAFSA Myths Debunked: How to Pay for College

CFAA College Financial Aid Advisors

Fact: Many families are surprised to learn they qualify for grants, work-study, or low-interest loans, regardless of income level. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. Thats why Im busting 5 FAFSA myths so you can feel more confident about applying this year!

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

CFAA College Financial Aid Advisors

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. State Deadlines: Each state has its own FAFSA deadline for state-based financial aid, such as grants and scholarships. Additionally, mistakes happen.

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