Saving for College

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Financial Aid Appeal Letter

5 Tips for an Effective Financial Aid Appeal

Is the award letter from your favorite college not what you’d hoped?  Enough to wonder if it’s even possible without taking on an enormous loan? Don’t panic!  You DO have the power to up the amount by thousands by opting for a financial aid appeal. At this point, you’ve tallied the net amounts for your top…

Award Letters in 2017

7 Tips to Unraveling Financial Award Letters

Award letters are notoriously complex.  They’re riddled with finance terms and non-standard abbreviations.  You’re left thinking, “So what do I REALLY owe?” It’s with good reason, but the process becomes far less convoluted when you break down the individual pieces. Master the formula.  As you sift through these award letters, it’s important to figure out what financial…

Financial Independence and the Busy Student

Financial independence.  It’s a tricky one.  Amidst deadlines and term papers, why worry?  Students should! Take some time to teach your student to navigate financial waters before they are on their own to avoid trouble with credit cards, overdraft fees and other tricky financial woes. Here are a few steps to take now, so you…

Stafford Loans

A Guide to Stafford Loans

Stafford loans, repayments, need-based aid, dependent status… Do these make your head spin? College finances can be a sticky–and confusing–endeavor. Fear not: We’ll take out the scary parts of the biggest federal loan available: subsidized and unsubsidized Stafford loans. Traditionally, these are two most common forms of federal student loans made available to undergraduate students. Colleges…

October 2016 Newsletter: It’s FAFSA & CSS Profile Time!

Greetings! It’s October, the NEW Financial Aid month! When it comes to financial aid articles, the FAFSA is mentioned everywhere but the CSS Profile is often left out. Many families are not aware that “… if your child is considering any of the top colleges this country is blessed with, it’s the CSS Profile aid…

May 2016 Newsletter: Here’s to the Class of 2020 … What’s Next?

Happy May! May 1st was the deadline for seniors for most college decisions.  Congratulations to all those students who’ve made their choice! Your next step is to build your college funding plan. For many families, that will include some loans. This month’s Featured Find is an interesting perspective about ways to give colleges accountability for student loans awarded to their…