A worrying trend this fall: decline in FAFSA applications

A worrying trend this fall: decline in FAFSA applications

In the middle of our current economic and health crisis, there’s a disturbing trend in higher education: Fewer high school seniors are filling out the Free Application for Federal Student Aid, which is typically the first step in receiving federal and state grants, federal loans and institutional aid for college. The FAFSA application opened on Oct. 1, and as of Oct. 23, about 492,000 FAFSA completions had been filed from the high school class of 2021 – 16 percent fewer completions than t....

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CONVERT PROSPECTS INTO CLIENTS USING THE SIMPLE EFC CALCULATOR

CONVERT PROSPECTS INTO CLIENTS USING THE SIMPLE EFC CALCULATOR

Well, school is back in session which means that I have a lot of advisors contacting me about helping their clients and prospective clients with EFC calculations in preparation for filling out the FAFSA. While our members have access to Answers4College Blueprint software many CCFS members do not want to start a full case in the A4C Blueprint until their prospect says, “Can you help me lower my cost?”. To get your prospect on-board you can use our simple EFC calculator to create the i....

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COVID-19 AND DIVORCE! COLLEGE FINANCIAL PLANNERS CAN BECOME INVALUABLE TO DISTRESSED FAMILIES, AND THEIR LAWYERS

COVID-19 AND DIVORCE! COLLEGE FINANCIAL PLANNERS CAN BECOME INVALUABLE TO DISTRESSED FAMILIES, AND THEIR LAWYERS

The combination of stress, financial strain, unemployment, illness, and homeschooling children has put a significant strain on relationships during the current pandemic. According to Legal Templates, the number of people looking for divorces was 34 percent higher from March through June 2020 compared to 2019. Practically every aspect of getting a divorce has become much more challenging due to COVID-19. This is where a financial advisor who is a Certified College Funding Specialist (CCFS®) can....

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NEVER MAKE YOUR COLLEGE CHOICE BASED ON COLLEGE RANKINGS

NEVER MAKE YOUR COLLEGE CHOICE BASED ON COLLEGE RANKINGS

Higher education is an excellent investment if you select the right school. However, never make that choice based on college rankings. It's easy to assume that a highly ranked college is a good choice. But is the best college deal the best deal for you? Picture this. Your son or daughter worked hard throughout high school. They earned top grades while taking a full schedule of challenging courses. They spent many hours preparing for college entrance exams, visited numerous college campuses, ....

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