Remove Books Remove Scholarship Remove Student loans
article thumbnail

Summer Scholarship Prep: A Guide for Busy Families

CFAA College Financial Aid Advisors

But if you’re considering going to college, the summer might also be the perfect time to begin their scholarship search. As a financial aid advisor, I often remind families that waiting until senior year to search for scholarships can mean missed opportunities. Here’s a few of my favorite tips for students (of any age!)

article thumbnail

GAO Report: Cost of College Remains a Mystery

Diverse: Issues in Higher Education

According to the GAO report, students who pick a college that is unaffordable for them are more likely to have to cut back on essentials like food while attending and are more likely to drop out. Having more student loan debt may make borrowers less likely to become homeowners or to be able to save for their own or their children’s futures.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Big Questions About Scholarship Taxability

Scholarship America

Updated May 2023 Students who receive financial aid may have an unexpected bill to pay—a tax bill. While most scholarship awards are not taxed, there are a number or circumstances in which they can be, and many students and parents may not know the details. Do college students have to file tax returns?

article thumbnail

Stay Ahead This Summer: Smart Financial Aid Moves for Students and Families

CFAA College Financial Aid Advisors

Explore Scholarship Opportunities Summertime is a great time to explore possible scholarship opportunities. I suggest students spend a little time each week searching for scholarships. Scholarships are free money and don’t have to be paid back. Even smaller awards can help you cover books or other fees.

article thumbnail

What to Do When Your College Financial Aid Falls Short of Expectations

CFAA College Financial Aid Advisors

Prioritize essential expenses like tuition, books, and housing, while adjusting discretionary spending if possible. Look for Additional Scholarships or Grants There are often many scholarships available that dont require a full-time student status or are not widely advertised. Reassess your budget.

article thumbnail

Having the College Money Talk with Your Child

The College Pod

With shrinking scholarships, less aid available, and tighter loan limits, many families are realizing that talking to your child about paying for college is no longer optional—it’s essential. Use it together, and teach your student how to estimate what your family will actually pay after scholarships and grants.

article thumbnail

How to Make College More Affordable: Why Early Financial Aid Planning Matters

CFAA College Financial Aid Advisors

Colleges have different deadlines, scholarships come with various eligibility criteria, and grants can require some paperwork that takes time to gather. Plus, financial aid doesnt just help pay for tuitionit can cover things like books, housing, and meal plans. Research Scholarships Start looking for scholarships now.