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Once known for its innovative tuition-free model, Olin College began scaling back its generous financialaid programs in 2010. The engineering college, founded in 1997, has struggled with operating deficits for over a decade. These scholarship reductions have drawn concern from ABET, the college's accrediting organization.
For private schools effectively communicating and highlighting their financialaid offerings is critical. Here are some key strategies schools can adopt to ensure families understand that a private education can be within reach, regardless of financial circumstances.
In Fall 2025, an estimated hundreds of thousands of families are expected to apply for financialaid at private K‑12 schools—driven in large part by rapid expansion of school‑choice programs across at least 16 states so far this year. FAFSA completion events: Colleges offer on-site assistance nights. Families want kindness.
Summer is an ideal time for private K12 schools to build stronger partnerships with families, particularly when it comes to financialaid. A summer financialaid (FA) workshop can demystify the application process, build trust, and reduce confusion before the school year begins. Start by writing a simple goal statement.
The event offered pro-bono legal consultations and support from community organizations providing social services, health care, financial services, and employment. There was free pizza from an award-winning shop , music, and even entertainment for kids.
While there are FAFSA webinars available, I believe community and family focused FAFSA and financialaid workshops in tribal communities might be an effective way to promote college going overall among indigenous students.” Events and activities happen throughout the academic year.
Transfer students and their families often face unique financial challenges, especially when transitioning to a new school mid-year. To encourage these students to apply for financialaid, it’s crucial to provide clear and accessible information. Families also desire timely updates on their financialaid status.
For many, financialaid is crucial to making higher education accessible. But sometimes, the aid you initially receive may not fully meet your needs, or unexpected circumstances might affect your ability to pay. Review Your FinancialAid Package Thoroughly Review your current financialaid package carefully.
Private K-12 schools across the country rely on financialaid programs to ensure accessibility for families from diverse economic backgrounds. Rising tuition costs, economic fluctuations, and a growing emphasis on educational choice have expanded the number of parents exploring financialaid options.
With TaxStatus’ advanced IRS integration, SSS provides schools with immediate access to verified financial data while safeguarding families through secure identity verification methods, including ID.me. Transform your FinancialAid experience and learn more at their upcoming webinar.
And when it comes to families who may be unfamiliar with private education or concerned about affordability, offering insights into your financialaid process can be the game changer that turns a great camp experience into a lifelong school relationship. Set up a welcoming booth with signage like Curious about tuition assistance?
Some students placed on academic probation lost access to financialaid and needed to raise their GPA to regain access to aid—a common catch-22 whereby students cannot reenroll and improve their grades without financialaid, and cannot get financialaid unless they reenroll and improve their grades,” the report noted.
The event gathered hundreds of state and system leaders, researchers, and fellow student success champions and practitioners to discuss how holistic advising and wraparound supports can promote college excellence and equitable outcomes.
Institutions are also improving their financialaid offerings. This year, Queens revamped its scholarship levels and allocation of aid to meet a higher percentage of students’ financial need. Montclair offers events on the Black student experience and a session with the Latinx/a/o Caucus.
Students require and deserve far more than band-aids. They should only need to visit a food pantry once; after that they ought to be connected to programs like SNAP, financialaid, and related programs to meet their needs in an ongoing way. What else can and should we do? The next step is to reach higher and work together.
This gives them the opportunity to consider your financial circumstances, in the event you are accepted and do qualify for financialaid. Focus on the positives and remember that you now have the opportunity to compare financialaid packages and admissions offers from multiple schools during the Regular Decision process.
These two-year and four-year institutions must also enroll a significant number of students who require needs-based financialaid. This includes working on retention strategies that emphasize information on financialaid and mental health services as well as continuing to build a sense of belonging.
Attend an info session: Many colleges offer information sessions that give more in-depth details about admissions, financialaid, and campus life. Attend an Event or Meet Current Students Try to align your visit with a campus event. This will help you later when youre comparing schools. Whats the neighborhood like?
VenturEd Solutions was proud to be a Diamond sponsor at this annual event where over 3,000 educators, administrators, and industry leaders gathered to explore the future of independent schools. This powerful financialaid solution simplifies the awarding process, making it easier, faster, and more accurate for schools.
Understanding how to get college financialaid can be confusing, especially for parents. The Free Application for Federal Student Aid (FAFSA), now shorter than its predecessor, is a key part of getting money to help pay for your child's college education. >>RELATED: FinancialAid Guide Who Fills Out the FAFSA? . >>RELATED:
This exclusive event brought together financialaid directors, heads of schools, admissions and enrollment directors to celebrate a groundbreaking partnership between TaxStatus and School and Student Services (SSS)a collaboration transforming financialaid processing for private K-12 schools across the country.
As a financialaid advisor, I know that these 5college planning conversations are important before your students move-in day! Financial Planning and Budgeting: Discuss the financial aspects of college, including tuition, fees, room and board, and personal expenses.
By offering strong financialaid programs, they foster more equitable and diverse learning environments. These programs not only provide immediate financial relief but also serve as a long-term investment in the future of students from underserved communities.
Reflections from our recent Postsecondary Value Community of Practice event By: Marián Vargas and Eleanor Eckerson Peters “ Postsecondary value is not just a framework, but a lens through which to see the world, [and] it must be infused into the DNA of our collective efforts.”
The Federal Student Aid Training Conference for financialaid professionals will feature keynote addresses from U.S. Department of Education leadership, five general sessions, 23 breakout sessions (covering the latest in financialaid policy and operational updates), and nine Virtual Exhibit Hall stations.
Additionally, investing in stipends, financialaid, and support programs for career transitioning can help people navigate economic transitions successfully and adapt to changing industry demands. 4.
Be an active member of your clubs and teamsoffer to run a meeting, plan an event, or ask your coach for extra practice. When researching, consider each schools financialaid policies to understand what you can afford. As you think about cost, research the financialaid processes at the schools on your list.
It’s a detailed report colleges publish every year, filled with facts about admissions, financialaid, and what really matters in the application process. It has tons of facts about who gets in, how many students apply, what test scores they had , and how much financialaid was given. But it’s public.
Summer is here, which means financialaid season is just around the corner, and many of you will be opening digital piles of applications in September. Taking a proactive approach to completing your K-12 financialaid prep tasks can help ease some of the burdens. How did your forecasting compare to actual results?
Among the services it provides to first-year students are individualized academic advising, tutoring and community-building events. It accepts 50 students per year, who receive a $1,000 financial stipend, priority registration, personalized academic and life coaching, and a Spanish-language orientation for parents. This makes it real.”
Maybe you got into your dream school, only to be shocked by the financialaid package. Do you see yourself thriving in a big, energetic school with nonstop events, or would you feel more at home in a smaller, tight-knit community? Comparing FinancialAid Packages Not all financialaid offers are created equal.
EAB attributed to this to the larger role that family connections, word of mouth, and community events often play in HBCU recruitment. Students open to HBCUs were more likely to say that scholarships and financialaid were top indicators of value, however they were less likely to emphasize a smaller sticker price.
EAB attributed to this to the larger role that family connections, word of mouth, and community events often play in HBCU recruitment. Students open to HBCUs were more likely to say that scholarships and financialaid were top indicators of value, however they were less likely to emphasize a smaller sticker price.
Financialaid, retention, and faculty/staff representation are part of the Seal,” says Dr. Deborah Santiago, co-founder and CEO of Excelencia in Education, who says she is delighted to see institutions with intentional practices actively working toward increasing Latino representation in key positions. Dr. Erika D.
How is it going to impact financialaid, endowed scholarships that have been based on race and ethnicity? But when I go to SACNAS events, it recharges my battery,” said Vargas- Muñiz. Supreme Court’s banning of affirmative action plans, a ruling expected this summer. How is that going to impact missions?”
He noted that efforts to explain processes like course withdrawals and financialaid appeals during orientation and introductory courses have significantly reduced confusion and barriers. Work with financialaid offices to develop emergency funds that can be accessed without daunting paperwork.
Comprehensive Support Drives Better Outcomes Challenges like being in the wrong major, financial stress, and major life events can all hinder student outcomes. This approach fosters proactive, collaborative support by enabling the coordination of services such as academic coaching, advising, financialaid, and career guidance.
Financialaid forms It’s pretty likely the FAFSA form—the big financialaid form for college and many technical programs—won’t be available until December 31. There are no deadlines over break for completing financialaid forms, so you won’t be missing out on any cash for college.
Financial reasons While higher education abroad can be expensive, overseas institutions may offer scholarship programs and student loans that home countries simply cannot afford to provide. Even international students depending on student loans and financialaid will spend portions of their allowance in the local economy.
It wasn’t always easy to know where to go if I needed advice on what classes to take, what to declare for my major, how to get financialaid,” Cardona shared in a keynote at last week’s Attaining College Excellence and Equity Summit. Secretary of Education Miguel Cardona didn’t always know where to turn for help in college. “It
Registration for the 2024 Virtual Federal Student Aid Training Conference for FinancialAid Professionals has officially opened! Participants can register through the Training Conference Home page on FSA Partner Connect and clicking ‘Registration.’
Student loan calendar: Key events to be aware of Finally, here are some more dates you may want to jot down, some of them a little further into the future. Whether you’re a high school senior or already in college, you need to submit the FAFSA every year to receive federal financialaid. May 1: National College Decision Day.
Understand FinancialAid Options : Familiarize yourself and your student with the financialaid options available at the college. Explore scholarships, grants, and student loans, and don’t hesitate to reach out to the financialaid office for guidance.
This reduces the ability of some students to make well-informed, long-term financial decisions when choosing which institution to attend and how to pay for it. This bill requires comprehensive cost of attendance and financialaid estimates for both a single academic year and the full regular-time length of an academic program.
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