Remove Information Remove Scholarship Remove Student financial aid
article thumbnail

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. Be sure to check if any scholarships are renewable, meaning they can continue each year as long as you meet certain criteria.

article thumbnail

Early Action vs. Regular Decision: Which Is Best for Your Financial Aid Strategy for College?

CFAA College Financial Aid Advisors

The timing of your application—whether you choose Early Action or Regular Decision—can influence both the financial aid options available to you and your ability to make a fully informed decision. With Early Action, you may receive your admission decision in December, but financial aid offers often won’t arrive until later.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Regular Decision: Your Best Option for Comparing Financial Aid Offers to Pay for College

CFAA College Financial Aid Advisors

This means you can compare not only the acceptance offers from multiple schools but also the financial aid packages that come with them. This timing is crucial for making a fully informed decision about which school fits your academic and financial needs.

article thumbnail

A Look at What Happens After Submitting the FAFSA

CFAA College Financial Aid Advisors

This confirmation will include a Student Aid Report (SAR) , which summarizes the information you provided on your FAFSA. Its important to review this report for any errors or missing information. The schools financial aid office will then use this information to create a financial aid package for you.

FAFSA 52
article thumbnail

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

CFAA College Financial Aid Advisors

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. Heres a step-by-step guide to help you make an informed decision about your college financial aid package. Also, pay attention to the interest rates on loans.

article thumbnail

The Essential Guide to Financial Aid for High School Juniors

CFAA College Financial Aid Advisors

There are three main types of financial aid: Grants : These are usually need-based and dont need to be paid back. Scholarships : Often awarded based on merit (like academic performance, sports, or talent) and do not need to be repaid. They may also have tips on how to maximize your financial aid package.

article thumbnail

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.