Remove Financial aid Remove Student financial aid Remove Student loans
article thumbnail

Financial Aid Glossary: Terms You Need to Know for College Planning

CFAA College Financial Aid Advisors

However, it is so important to understand the various acronyms and terms you’ll see in applications, on paperwork, and in your financial aid offer letters. In this guide, I’ll break down some of the most important key financial aid terms you need to know to approach the college process with confidence and clarity!

article thumbnail

Breaking Down Your Financial Aid Letter: What’s Free Money and What’s Not

CFAA College Financial Aid Advisors

Receiving your financial aid letter is a huge milestone in your college journey, but it can also be overwhelming. Heres your financial aid breakdown: Free Money: Grants and Scholarships Grants and scholarships are the best parts of your financial aid package because they dont require repayment.

professionals

Sign Up for our Newsletter

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

article thumbnail

Understanding Financial Aid: Loans, Grants, and Work-Study Explained

CFAA College Financial Aid Advisors

As you prepare for college, understanding the world of finances can feel like learning a new language, especially when you start looking at your financial aid award letter. Heres a few key terms that you need to know when it comes to loans, grants, and work-study! Loans: Loans can be a tricky part of your financial aid package.

article thumbnail

5 Big FAFSA Updates That Will Impact Your Financial Aid This Year

CFAA College Financial Aid Advisors

For students preparing to apply for financial aid, the Free Application for Federal Student Aid (FAFSA) is a crucial part of the process. This can help to maximize your eligibility for aid and financial aid funding. Submit your application as soon as you can!

article thumbnail

It’s Not Too Early: Start Your Financial Aid Planning Now

CFAA College Financial Aid Advisors

But there’s one important part of the college journey that many students delay – financial aid planning. So, let me reassure you: it’s not too early to start thinking about financial aid planning to pay for college. These can strengthen both scholarship applications and college admissions.

article thumbnail

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

CFAA College Financial Aid Advisors

Higher education becomes even more expensive when students receive their financial aid offers – and theyre smaller than everyone hoped. Heres 6 things you can do when your college financial aid falls short of expectations: 1. Double-check the accuracy of your financial aid award.

article thumbnail

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

CFAA College Financial Aid Advisors

As a high school student preparing for college, one of the most excitingand sometimes stressfulmoments is receiving your financial aid 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.