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

CFAA College Financial Aid Advisors

If you spot any mistakes or omissions, dont hesitate to contact the financial aid office to correct them. Contact Your Schools Financial Aid Office If your financial situation has changed since you applied for aid (e.g., Be sure to compare terms, interest rates, and repayment plans.

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How to Advocate for More Aid: A Student’s Guide to Appealing Financial Aid Offers

CFAA College Financial Aid Advisors

Its important to check that your familys income and assets have been reported correctly and confirm youre not eligible for other scholarships or loan programs. Reach Out to the Financial Aid Office Once youve determined that you need additional aid, reach out to your schools financial aid office.

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How to Ask for More College Financial Aid (And Why You Should)

CFAA College Financial Aid Advisors

Many students don’t realize that asking for more financial aid is a legitimate strategy that can potentially lighten the cost of paying for school. Here’s why you should consider reaching out to a college financial aid office for more funding and how to approach the process!

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How to Compare Financial Aid Packages and Get the Best Deal for College

CFAA College Financial Aid Advisors

Understand Loans Loans are another part of your financial aid package that you need to take seriously. Unlike grants and scholarships, loans must be paid backoften with interest. When comparing offers, look closely at how much youre being offered in student loans.

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A Look at What Happens After Submitting the FAFSA

CFAA College Financial Aid Advisors

Receiving Financial Aid Offers After your FAFSA has been processed, each college or university youve applied to will receive your FAFSA data. The schools financial aid office will then use this information to create a financial aid package for you.

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

CFAA College Financial Aid Advisors

Discuss who would pay for traveling home (if necessary), decide on how and who is going to pay back any student loans you’ll take, and if you’ll need to consider a job while you’re in school. Visit Colleges (In Person or Virtually) with Financial Fit in Mind Summer time is a great opening to visit the colleges you’re considering.

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How to Choose An Affordable College: 10 Key Factors to Consider

The College Pod

If loans are necessary, financial experts believe you should not borrow more than your child’s expected starting salary post-graduation. Student loan calculators can project monthly payments and loan payoff timelines, which vary by loan size, interest rates, and repayment terms.