TUITION DISCOUNTS: A LOWER PRICE FOR FAMILIES WITH A GAME PLAN AND A MUCH HIGHER PRICE FOR THOSE WITHOUT

TUITION DISCOUNTS: A LOWER PRICE FOR FAMILIES WITH A GAME PLAN AND A MUCH HIGHER PRICE FOR THOSE WITHOUT

Due to the high cost of college and competition for the best students, many colleges offer discounts from the sticker price in the form of merit scholarships and other non-need based awards. Only the elite, highly selective colleges (Ivy’s) refrain from awarding these tuition discounts to attract the better students, who might not otherwise enroll. A TUITION DISCOUNTING STUDY published by the National Association of College and University Business Officers (NACUBO) found that over 50% of inco....

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HOW DO SCHOOLS CALCULATE YOUR FINANCIAL AID?

HOW DO SCHOOLS CALCULATE YOUR FINANCIAL AID?

One of the questions we receive most often is: “Why didn’t I get more money for school?”It’s especially frustrating when you have no idea how a school decided on your aid offer.  Hopefully, this information will shed some light on how schools calculate your financial aid. It all starts when you submit your Free Application for Federal Student Aid (FAFSA®) form. Once we (Federal Student Aid) process your application (it takes about three days if you submitted it online), we make your....

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3 Tips for Understanding and Comparing Financial Aid Offers

3 Tips for Understanding and Comparing Financial Aid Offers

Congratulations! You’ve been accepted to multiple schools. Now you need to determine which schools are most affordable so you can factor school cost into your decision. If you listed a school on your Free Application for Federal Student Aid (FAFSA®) form and have been offered admission by that school, the school’s financial aid office will send you a financial aid offer. The amounts and types of aid you’re offered will likely vary from school to school, so it’s important to compare yo....

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7 Options to Consider if You Didn’t Receive Enough Financial Aid

7 Options to Consider if You Didn’t Receive Enough Financial Aid

The reality of college costs is that many families find themselves struggling to pay the entire college bill, despite having already filed the Free Application for Federal Student Aid(FAFSA) and receiving federal, state, and institutional financial aid resources. If you find yourself in this position, here are some ideas to consider to help fill the gap between what your financial aid covers and what you owe the institution. TIP: The financial aid office at your college is a great resource. ....

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