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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. Understand Loans Loans are another part of your financial aid package that you need to take seriously. Unlike grants and scholarships, loans must be paid backoften with interest.

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

CFAA College Financial Aid Advisors

Look for Additional Scholarships or Grants There are often many scholarships available that dont require a full-time student status or are not widely advertised. Many colleges also have departmental or need-based scholarships that you may not have been aware of. Borrow only what you truly need.

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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. Its also used by most states and colleges to determine eligibility for state financial aid and institutional scholarships.

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

CFAA College Financial Aid Advisors

In particular, you’ll be able to compare grants, scholarships, loans, and work-study – all with the cost of attendance. You Can Maximize Scholarship Opportunities Many colleges and universities offer merit-based scholarships to Regular Decision applicants, particularly those who apply by the school’s priority deadlines.

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

CFAA College Financial Aid Advisors

This gives you more time to review the financial aid packages from all of the schools you’re considering, which is especially important when comparing grants, scholarships, and loans. This includes comparing scholarships, grants, federal loans, and work-study opportunities.

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When Early Isn’t Enough: Finding Strength After College Rejection

CFAA College Financial Aid Advisors

Some institutions offer rolling admissions or have later deadlines for financial aid and scholarships, so its worth considering whether other offers are a better fit. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. If you applied to other schools, check their decision timelines.