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

SEPTEMBER 2, 2024

The new SAI is making the Pell Grant more available to many students! Scholarships Scholarships are funds awarded to students based on various criteria, including academic achievement, extracurricular involvement, or specific talents. Like grants, scholarships do not get repaid.

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CFAA College Financial Aid Advisors

APRIL 1, 2024

Here are more tips on comparing financial aid offers. Keep searching for scholarships: You should always be looking for scholarships to help take the bite out of college costs. There are many year-round and late-deadline scholarships that are still available. Congratulations!

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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

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. If you don’t have enough, you’ll need to earn more by then or learn a lot about student loans in a hurry.

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CFAA College Financial Aid Advisors

AUGUST 26, 2024

Research your state’s specific financial aid deadlines to ensure eligibility. Scholarships : National and private scholarship deadlines vary widely. Search for scholarships early and regularly. Create a list of potential scholarships and their deadlines to stay on track.

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CFAA College Financial Aid Advisors

APRIL 15, 2024

Reread your financial aid letters and determine how much of each package is in federal student loans. 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.

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CFAA College Financial Aid Advisors

MARCH 11, 2024

Subtract any grant and scholarship offers you’ve received from that figure. The remaining amount is your net price, or out-of-pocket cost that will have to come from loans or your savings. Compare these numbers between schools to see which is a better financial fit. This could include GPA, credit hours, or other criteria.

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CFAA College Financial Aid Advisors

NOVEMBER 11, 2024

Earlier Access to Campus Resources Getting admitted early also means you can jump on things like campus housing, class registration, and sometimes even scholarship opportunities. Many schools open up scholarship applications to Early Action admits ahead of time. You may have the chance to secure funding before regular applicants.

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CFAA College Financial Aid Advisors

MARCH 4, 2024

Determine if you need loans: If you cannot meet all of your cash flow needs, then you might have to borrow money through federal or private student loans. Make sure both the family and student understands their part of the commitment of loans. Make sure you have enough money available to cover everything.

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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. 5: Plan for College Expenses For high school students entering college soon, summer is a crucial time to prepare financially. Finalize your research on financial aid options, like loan types and scholarship offers.

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CFAA College Financial Aid Advisors

MAY 20, 2024

Financial Aid for College The college portal is like a digital command center, providing access to essential resources, announcements, and updates pertinent to your student’s academic journey. One area where its significance truly shines is in managing financial aid.

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CFAA College Financial Aid Advisors

JULY 29, 2024

It answers questions that help parents talk to students of any age about money and debt. It also takes readers through the entire college money process of applying for financial aid, using student loans, and searching for college scholarships.

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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 9, 2024

Grants vs. Loans : Grants are free money for college that you don’t have to repay, while loans are borrowed funds that must be repaid with interest. Always prioritize grants and scholarships before accepting loans! 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

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

JUNE 3, 2024

Navigating the financial hurdles of college can be daunting, but there are numerous creative strategies to help ease the burden. From scholarships to unconventional gigs, there’s options available to resourceful students (and their families). Read more of my tips on negotiating financial aid packages here !

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CFAA College Financial Aid Advisors

DECEMBER 1, 2023

Updates to the FAFSA Have Delayed College Financial Aid for Millions The Free Application for Federal Student Aid (FAFSA) has undergone some major updates for the 2024-2025 application cycle. Unfortunately, many families and students are wondering exactly where the FAFSA is. Still Want More Help?

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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. Scholarships are a great way to find extra money each year (that you never have to pay back!).

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CFAA College Financial Aid Advisors

JUNE 10, 2024

Here are some crucial conversations to have with your student before that first tuition payment is due: Financial Planning and Budgeting: Discuss the financial aspects of college, including tuition, fees, room and board, and personal expenses. Teach them basic budgeting skills and encourage responsible spending habits.

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CFAA College Financial Aid Advisors

DECEMBER 11, 2023

As a reminder, the FAFSA gathers information about your financial needs so your student can be offered work-study, grants, and student loans. All colleges and universities will want the FAFSA from your student as part of their application. Some scholarships may even require the form to be completed.

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CFAA College Financial Aid Advisors

FEBRUARY 19, 2024

I encourage students to avoid being fully committed to any school until financial aid offers come in. Don’t forget to look for scholarships throughout the entire application process. Sometimes their dream school just isn’t feasible. 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

JANUARY 7, 2024

Learn about financial aid, and roughly calculate how much you will have to pay out of pocket or borrow through student loans. Start budgeting early, and look for scholarships that might be able to draw costs down. Remember, loans HAVE to be paid back.

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CFAA College Financial Aid Advisors

FEBRUARY 26, 2024

If the campus is in a city, try to find out how current students keep their daily expenses low. Scholarships and other opportunities to earn money that might provide the necessary funds to reach a particular financial level. If the cost of travel is too high, search for ways to lower those expenses.

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CFAA College Financial Aid Advisors

JANUARY 3, 2024

The hope, of course, is that all these changes will motivate more families to file a FAFSA and qualify for federal financial aid. The information collected also forms the basis for aid decisions made by state governments, colleges and some private scholarships.

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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

APRIL 29, 2024

Use this time to do their research on the different types of financial aid and varying scholarships available. Being informed enables students to grasp an understanding of the financial aid process as a whole and what plan will be most favorable for all parties in the long run.

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IEFA

AUGUST 6, 2022

What is a scholarship? A scholarship is an award of financial aid for a student to further their education. Scholarships are awarded based on various criteria, which usually reflect the donor’s or organization’s values and purposes. Differences between scholarships and grants.

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