College Funding
Unlocking Opportunities: Colleges Offering the Most Merit Aid
One of the biggest concerns for most college-bound students and their families when planning for college is the cost of attending. Fortunately, there are other options besides taking out student loans to help pay for a higher education. The two types of financial aid are need-based aid and merit aid. Need-based aid is awarded based on…
Scholarships: Understanding the Tax Implications
As tax season unfolds, it’s important for college students and recent graduates to organize their financial documents and understand their potential tax obligations, especially if they have received a scholarship in the past year. While scholarships are often perceived as “free money,” there are specific circumstances that may require reporting scholarships as taxable income. Some…
7 Tips for Navigating Financial Aid Award Letters
Understanding and deciphering financial aid award letters is crucial for aspiring college students and their families when navigating the costs associated with higher education. Award letters outline the financial aid package offered by a college or university. These letters are often filled with intricate financial terms and unconventional abbreviations. To unravel financial aid award letters…
Financial Aid Explained
At Strategies For College, we strongly encourage parents to start planning their financial strategy for their student’s higher education before their senior year of high school. This process involves quite a bit of research and should include a careful, honest assessment of your family’s financial situation. The goal is to develop a plan for college that results…
5 Important Reasons to Apply for Financial Aid
Every college-aspiring student should apply for financial aid – even those from families with higher incomes. Financial aid can provide valuable support to many students, and there are several reasons why all families should consider applying for financial aid. Here are five important reasons to apply: 1. You Might Qualify for Financial Aid: Many families…
Guest Podcast: How the CSS Profile Could Impact What You Pay for College with Beatrice Schultz
Guest blog featuring: Lisa Marker Robbins, founder of Flourish Coaching with Beatrice Schultz, owner of Westface College Planning. In this episode, Lisa and Beatrice discuss: Key Takeaways: “It is a time to have a real consciousness about these $1,000 here and $1,000 there – it’s a huge amount of money.” – Beatrice Schultz About Beatrice Schultz: Beatrice…