College Aid Consulting Services

JANUARY 12, 2024

I created this CSS Profile: A Comprehensive Guide as a financial aid consultant with over 34 years of experience to help you. I have dedicated my career to helping families navigate the complex world of college financial aid. My goal is to ensure that your child receives the maximum financial aid possible.

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CFAA College Financial Aid Advisors

DECEMBER 1, 2023

Updates to the FAFSA Have Delayed College Financial Aid for Millions The Free Application for Federal Student Aid (FAFSA) has undergone some major updates for the 2024-2025 application cycle. Financial aid offices will be working incredibly hard to complete their side of this equation for all of the students.

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College Aid Services

JANUARY 31, 2024

Today, Richard Cordray, Chief Operating Officer for Federal Student Aid, published a Dear Colleague Letter (GEN-24-01) announcing the Federal Pell Grant maximum and minimum award amounts. For the 2024-2025 academic year, the maximum Pell Grant award remains fixed at $7,395 and the minimum award amount is $740.

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CFAA College Financial Aid Advisors

NOVEMBER 19, 2023

Be Prepared for a Fast Financial Aid Application Cycle It’s a well known fact that the “early bird gets the worm” and as I’ve talked about often on the blog, the earlier you submit your financial aid paperwork, the better chance you have of more funding for college. What Does It Mean for the FAFSA This Year?

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HEAG

FEBRUARY 1, 2024

The release of the 2024-2025 Free Application for Federal Student Aid (FAFSA) has been eagerly anticipated, but its roll-out has faced unforeseen issues, impacting students and colleges nationwide. On January 30, 2024, the Department announced that institutions and states will … Read more ».

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Diverse: Issues in Higher Education

FEBRUARY 5, 2024

Department of Education (ED) is delaying the sending out of student information relevant for financial aid calculations to institutions, higher ed scholars and officials have voiced concern and uncertainty over how this change will affect low-income and first-generation students in particular.

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CFAA College Financial Aid Advisors

SEPTEMBER 19, 2023

For the 2024-2025 application cycle, the FAFSA will be released in December. The post Everything You Need to Complete Your 2024-2025 FAFSA appeared first on CFAA. The FAFSA is coming. If you’re attending college in the fall of 2024, then you’ll likely need to complete the FAFSA this winter.

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CFAA College Financial Aid Advisors

AUGUST 22, 2023

If you need a reminder, FAFSA is the application every college student should file for financial aid assistance as a freshman and throughout. The post Did the Updates to the 2024-2025 FAFSA Actually Make It Better? To say it’s over due would be an understatement. appeared first on CFAA.

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CFAA College Financial Aid Advisors

OCTOBER 24, 2023

How to Update Your Financial Aid Application to Reflect Your Current Income One of the most important steps in applying to college is completing the FAFSA, which will open in December. What many families don’t realize is that the FAFSA uses federal income tax information from the previous year to calculate financial aid eligibility.

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CFAA College Financial Aid Advisors

OCTOBER 23, 2023

There’s normal school work and extracurriculars, as well as the various deadlines for applications and financial aid. Yet, it’s important to track the deadlines so that you have the best chance of getting your financial aid application in – and then, the best chance of getting the maximum aid available to you.

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College Aid Services

SEPTEMBER 18, 2023

On Friday Sept 15th, the Department of Education announced the Comment Request period for 2024-2025 Free Application for Federal Student Aid (FAFSA). The comment period is open until October 16, 2023. This is one of the final legal steps before the release of the updated FAFSA which is due out in December.

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CFAA College Financial Aid Advisors

SEPTEMBER 6, 2023

The post How to Prep for the 2024-2025 FAFSA This Fall appeared first on CFAA. For high school seniors, the fall also marks the beginning of college application season. As we all know, time moves faster once all of the activities and classes begin. Now is the best time.

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Diverse: Issues in Higher Education

FEBRUARY 5, 2024

The college adopted a test-optional policy for applicants to the Classes of 2025, 2026, and 2027 and a test-recommended policy for applicants to the Class of 2028 in response to the COVID-19 pandemic, according to Lee Coffin, the college’s vice president and dean of admissions and financial aid.

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Diverse: Issues in Higher Education

JUNE 1, 2023

Those who submit a FAFSA or Minnesota Dream Act application for the 2024-2025 academic year will be considered automatically. For students without legal status in particular, costs related to education can pose a significant hurdle, given that undocumented immigrants – including DACA recipients – are not eligible for federal financial aid.

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College Aid Services

MARCH 5, 2024

FSA transmitted test file to active… More » Stay Informed: Key Updates on 2024-2025 ISIR Transmission and Delivery The post Stay Informed: Key Updates on 2024-2025 ISIR Transmission and Delivery first appeared on College Aid Services.

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CFAA College Financial Aid Advisors

OCTOBER 3, 2023

Fall can be a challenging time for high school seniors with college applications, the Free Application for Federal Student Aid (otherwise known as FAFSA), and searching for scholarships. The 2024-2025 FAFSA will come online in December, which will condense this year’s application cycle, so it’s.

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College Aid Services

APRIL 18, 2024

Federal Student Aid has announced the publication of Volume 3 of the 2024-2025 Federal Student Aid Handbook which discusses the academic calendar, payment period, and disbursement requirements for awarding aid under the Title IV student financial aid programs, determining a student’s cost of attendance, and packaging Title IV aid.

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College Aid Services

FEBRUARY 13, 2024

The Department has announced steps to help colleges process 2024-2025 student records faster and more efficiently. The goal is to ensure students can access the maximum financial aid possible and bring college in reach for more Americans.

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HEAG

MAY 3, 2024

Resources Word In Wooden Cube In this blog post, we provide an overview of the changes financial aid offices face while processing financial aid for the 2024-2025 award year and tools that can help your institution. Below is a brief … Read more ».

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College Aid Services

DECEMBER 21, 2023

For financial aid applicants who reside in U.S. territories, FSA has released additional guidance about how to properly report income and tax information on the FAFSA for the 2024-2025 academic year. Review the helpful information below to learn more.

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Diverse: Issues in Higher Education

MAY 26, 2023

These two-year and four-year institutions must also enroll a significant number of students who require needs-based financial aid. Programming and strategies Since the HSI classification was approved, NAU integrated the work into the university’s strategic plan, “NAU 2025 – Elevating Excellence.”

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CFAA College Financial Aid Advisors

DECEMBER 3, 2023

What We Know About the New FAFSA and Financial Aid Offers As a result of the FAFSA Simplification Act in 2020, the FAFSA has been updated to help millions of students and families maximize their financial aid for college. Families must consent to be able to receive financial aid.

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College Aid Services

MARCH 4, 2024

Federal Student Aid has published several important changes regarding the 2024-2025 FAFSA. What changed? FSA has replaced the SAI formula that it released on February 27th with its previous iteration due to the passage of the Extension of Continuing Appropriations and Other Matters Act, 2024.

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College Aid Services

MARCH 1, 2024

Two volumes from the 2024-2025 Federal Student Aid Handbook regarding student eligibility for awards, parent borrowers, and Pell Grants are now publicly available. To access all nine volumes of the handbook or submit any questions that you may have, visit FSA’s Knowledge Center as well as their Customer Support webpages.

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College Aid Services

JANUARY 5, 2024

The long-awaited 2024-2025 Free Application for Federal Student Aid (FAFSA) is available through the Department of Education’s website as of December 30th. The… More » 2024-25 FAFSA Launches (With Some Glitches) The post 2024-25 FAFSA Launches (With Some Glitches) first appeared on College Aid Services.

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College Aid Services

JANUARY 9, 2024

The Department of Education has made the 24-25 Application and Verification Guide as well as the 23-24 FSA Assessments resource available online. To obtain a digital copy of both documents, read the instructions below.

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College Planners of America

JANUARY 3, 2024

You can complete the form to apply for financial aid to help pay for attendance at college between July 1, 2024, and June 30, 2025. How we Got Here Submission of the FAFSA is an essential step for all students seeking Federal, state, institutional, and private financial aid. This is the best-case scenario.

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HEAG

DECEMBER 8, 2022

The Consolidated Appropriations Act of 2021 included a number of changes to federal financial aid processing and student eligibility lumped together under the umbrella FAFSA Simplification. While the most impactful changes won’t come until the 2024-2025 award year, there are … Read more ».

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College Aid Services

APRIL 5, 2024

Institutions now have access to the newest version of the 2024-2025 Federal Student Aid Handbook, which include changes to the volumes related to managing federal aid funding and student eligibility.

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College Aid Services

FEBRUARY 29, 2024

Two volumes from the 2024-2025 Federal Student Aid Handbook regarding student eligibility for awards, parent borrowers, and Pell Grants are now publicly available. To access all nine volumes of the handbook or submit any questions that you may have, visit FSA’s Knowledge Center as well as their Customer Support webpages.

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CFAA College Financial Aid Advisors

AUGUST 28, 2023

One of the biggest changes with the 2024-2025 FAFSA is how Federal Tax Information (FTI) is gathered during the application process. FTI is any tax return or return information received from the Internal Revenue Service and is important for determining income, eligibility, income-driven repayment plan.

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College Planners of America

OCTOBER 19, 2023

Since it is updated annually based on inflation, a family may assume that the tax exclusion will rise to $18,000 per individual and $36,000 per couple in 2024 and to $19,000 per individual and $38,000 per couple in 2025. This would reduce or eliminate the diminution of the amount of financial aid that the student is eligible to receive.

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The Advisor That Cares

NOVEMBER 3, 2022

For Advisors: Transform transactional advising general information and onboarding orientation to systems, procedures, degree plan, resources to video, audio, and text resources in personally curated web resources by the Fall 2025 intake cycle for individualized flipped advisor guidance.

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The Advisor That Cares

OCTOBER 30, 2022

Transform transactional advising general information and onboarding orientation to video, audio, and text resources in flipped advising modules with digital assessments by the Fall 2025 intake cycle. . Measurement. Satisfaction surveys for advisors to express bottlenecks and pinch-points described by students. Innovation = Care.

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College Planners of America

MAY 9, 2024

Smaller Candidate Pool: From 2025 to 2029, college enrollments are predicted to fall by more than 15% due to a smaller college-age population. There is a Financial Responsibility Composite Score for all colleges that accept Federal financial aid, which is virtually all of them. Lower Return on Investment: 99.5

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CFAA College Financial Aid Advisors

OCTOBER 31, 2023

There’s normal school work and extracurriculars, as well as the various deadlines for applications and financial aid. Yet, it’s important to track the deadlines so that you have the best chance of getting your financial aid application in – and then, the best chance of getting the maximum aid available to you.

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CFAA College Financial Aid Advisors

DECEMBER 8, 2023

Maximize Your Financial Aid By Understanding the New Student Aid Index One of the biggest updates to the FAFSA is the introduction of the Student Aid Index (SAI). The Student Aid Index is replacing the Expected Family Contribution, which was the amount a family would have to pay out-of-pocket for college expenses.

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