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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…

Red envelope with stamp.

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…

Preparing for College: A High School Seniors Checklist  

For high school seniors with college in their sights, getting prepared for this next chapter of life is key to success. Keeping up to date with deadlines and requirements can be a big undertaking for students and their family members. By using our college prep checklist, they can stay on track and be ready to…