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Higher ed association leaders are looking to address financialaid confusion by forming a task force to establish guiding principles and standards for studentaid offers. Dr. Ted Mitchell Higher ed institutions often use different terminology and guidelines when providing financialaid information.
Education Department (ED) said it has discovered a calculation error in studentfinancialaid applications sent to colleges this month and will need to reprocess them, potentially continuing delays for college applications.
At a time when higher education faces financial and political scrutiny, this sustained giving is a powerful vote of confidence, said Sue Cunningham, President and CEO of CASE. higher education for 67 years, shows that nearly half of all endowed gifts were designated for studentfinancialaid.
However, it is so important to understand the various acronyms and terms you’ll see in applications, on paperwork, and in your financialaid offer letters. In this guide, I’ll break down some of the most important key financialaid terms you need to know to approach the college process with confidence and clarity!
As you prepare for college, understanding the world of finances can feel like learning a new language, especially when you start looking at your financialaid award letter. Loans: Loans can be a tricky part of your financialaid package. But dont worry, youre not alone! Dont forget to read the fine print!
Receiving your financialaid letter is a huge milestone in your college journey, but it can also be overwhelming. Heres your financialaid breakdown: Free Money: Grants and Scholarships Grants and scholarships are the best parts of your financialaid package because they dont require repayment.
But there’s one important part of the college journey that many students delay – financialaid planning. So, let me reassure you: it’s not too early to start thinking about financialaid planning to pay for college. These can strengthen both scholarship applications and college admissions.
For students preparing to apply for financialaid, the Free Application for Federal StudentAid (FAFSA) is a crucial part of the process. This can help to maximize your eligibility for aid and financialaid funding. Submit your application as soon as you can!
The National Association of Independent Schools found over the course of the 2022-23 school year that 43 percent of students at boarding schools received financialaid , and at day schools that number was 24 percent. Having a more streamlined financialaid solution to make the process easier for families to complete.
But what if I told you that you might have more financialaid options than you realize? Many students don’t realize that asking for more financialaid is a legitimate strategy that can potentially lighten the cost of paying for school. Ask if there are any other forms of aid or funding you can apply for.
While options like Early Action and Early Decision may sound appealing for getting a jumpstart on the admissions process, if financialaid is a priority for you, Regular Decision might be your best bet. This timing is crucial for making a fully informed decision about which school fits your academic and financial needs.
If you’re looking to gain admission to your dream school without the added pressure of figuring out your financialaid package right away, Early Action might be the perfect choice for you. Early Action is an application process that allows students to apply earlier than the regular application deadline.
Higher education becomes even more expensive when students receive their financialaid offers – and theyre smaller than everyone hoped. Heres 6 things you can do when your college financialaid falls short of expectations: 1. Double-check the accuracy of your financialaid award.
Letherio Zeigler Letherio Zeigler has been named financialaid director at Savannah Technical College in Georgia. He served as director of studentfinancialaid at Mississippi Valley State University.
As a high school student preparing for college, one of the most excitingand sometimes stressfulmoments is receiving your financialaid packages. Colleges often send out different offers with varying amounts of financial support, and it can be tricky to figure out which one is the best deal for you.
If your family is navigating the financialaid process, the timing of your application can impact your financialaid strategy, too. You will still receive your financialaid package along with your acceptance decision. But you’re not required to make a decision on financialaid immediately.
Aaron Fichtner Educators, college administrators and students say the governor’s proposed FY25 budget reduction — flat funding from FY24 — could negatively affect students and the higher education community.
It’s been a year of missteps, miscalculations, confusion, delays, glitches, and frustration after the botched launch of the simplified FAFSA, which has prevented financialaid packages from being awarded to students with ample time to make plans for their future. Last week, Secretary of Education Dr. Miguel A.
Lets talk about why early financialaid planning is so important to your college journey! While thats true, the earlier you start thinking about financialaid, the more options and opportunities you’ll have. Plus, financialaid doesnt just help pay for tuitionit can cover things like books, housing, and meal plans.
For students heading to college, there is an immense pressure that comes with managing academic responsibilities and trying to determine how to pay for school. For many, financialaid is crucial to making higher education accessible. Knowing what has changed for your situation will allow you to better advocate for your appeal.
One of the biggest questions students and families face is how to pay for higher education. The good news is that financialaid is available to help make college more affordable. Heres a guide to understanding financialaid and what you can do now to prepare for the future. What is FinancialAid?
If you’re a high school student (or the parent of one), college might still feel far offbut when it comes to paying for it, now is the perfect time to start planning. The earlier you prepare for financialaid, the more opportunities you’ll unlock. Financialaid doesnt just happenit takes planning.
Manny Rodriguez His job entails research and collaboration with other education groups, state legislators, and education officials in accordance with TICAS’s mission to increase college access, affordability, and success through improvements in studentfinancialaid policies.
The 2025-26 Federal School Code (FSC) List of Participating Schools is now available as an online document and an integrated search function for applicants navigating the fafsa.gov website.
Unfortunately, recent research suggests that many students are not provided clear, concise, and accurate information they need to fully understand the financial implications of the choices they have made. Moreover, schools have resources at their disposal to do so. Moreover, schools have resources at their disposal to do so.
But before you get too caught up in the excitement of graduation, lets talk about something thats just as important: college financialaid. If you think financialaid prep starts in the fall of senior year, think again! Its never too early to start getting ready for college financialaid applications.
Craig Slaughter has been named executive director of financialaid at Wake Forest University. Craig Slaughter Slaughter has served as the associate vice president for enrollment and director of financialaid at Kenyon College since 2017.
Melanie Storey has been named the new President & CEO of the National Association of StudentFinancialAid Administrators (NASFAA), effective May 1, 2025. Her appointment ends a nine-month search after former President Justin Draeger resigned in June of 2024.
Senators Alex Padilla of California and Bernie Sanders of Vermont in a letter to Education Secretary Dr. Miguel A. Padilla and Sanders, who is also chairman of the Senate Committee on Health, Education, Labor, and Pensions, led 24 Senators in urging U.S.
Traditionally, the FAFSA form opens on October 1, leaving students and their parents plenty of time to fill out the form. Institutions review the data and put together a financialaid offer, helping families decide which institution is the best fit for them and their wallets. Nina Longino, executive director of iMentor, Chicago.
According to the school, studentfinancialaid will not be affected. . While we are disappointed with the decision made by the SASCOC Board, we are not discouraged; the entire SAU community has renewed our commitment to fulfill our vision and stay the course to complete our mission.”
The survey found that much of the endowed support was targeted by donors to fund studentfinancialaid, academic divisions, and faculty and staff compensation. That is more than double these gifts’ weight in 2022, when seven such contributions accounted for 1.8% of the total.
If implemented, its recommendations would likely lead to significant cuts in funding for programs designed to support underrepresented students, including recruitment and retention programs for minority students, financialaid for low-income students, and support services for first-generation college students.
Not only that, but it helps to reduce the stress that often comes with college applications and financialaid. Here are some key steps you can take this summer to set your child up for success: Start the FinancialAid Conversation Early Its never too soon to begin talking about how your family plans to pay for college.
Last year, we contracted with the National Institute for Student Success to assess graduation and retention gaps at the state universities and at one community college and develop customized playbooks for each institution to close their gaps.
If youre a student whos received an early admission rejection for the college of your dreams, know that youre not alone. Thousands of students experience college rejection each year, and while its never fun or enjoyable, now is the time to find strength after college rejection.
Assemblymember Marc Berman California state legislators are considering a bill designed to ensure that students who are parents can get the most out of their studentfinancialaid. AB 2458 would help student parents afford, enroll in, and successfully complete their higher education journey," said Berman.
Submitting your Free Application for Federal StudentAid is a huge milestone in the college application process, but its just the beginning of your financialaid journey. After hitting that submit button, a few important things happen behind the scenes to determine your eligibility for financialaid.
If you’re planning on attending college and need financialaid, then filling out your Free Application for Federal StudentAid (FAFSA ) is an essential step. But its not just about submitting the FAFSA you need to be aware of the deadlines to make sure you dont miss out on the financial assistance you need.
High school seniors who are ready to unlock financialaid and take the next step toward your education, it’s time to file your FAFSA. Completing the FAFSA (Free Application for Federal StudentAid) is one of the most important tasks you’ll need to tackle as you prepare for college.
If youve been juggling acceptance letters, financialaid offers, and those feelings of the unknown, its time to focus: May 1st is National College Decision Day. Before you commit, make sure youve looked at: Your financialaid package (Whats a grant vs a loan? Which aid is renewable?). Lets talk about just that!
Review Your Offers Carefully Take the time to compare all aspects of your acceptances: financialaid packages, academic programs, campus culture, and extracurricular opportunities. Consider the Financial Picture The cost of attendance is often a big factor.
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.
Here are a few key things you should know to maximize your financialaid opportunities: Understand Dependency Status : Your dependency status determines if you need to provide parental information. Most students under 24 are considered dependent, and require their parents’ financial details.
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