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3 Must-Ask Questions for the Financial Aid Director: Unlocking Financial Aid Wisdom

CFAA College Financial Aid Advisors

Find out whether grants and scholarships are renewable, and what the anticipated increase is for next year’s tuition so you can plan ahead. From this amount you can subtract the amount of financial aid most students receive that does not have to be repaid, such as grants and scholarships.

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How to Close the Gap Between Financial Aid Offers and the Cost of College

CFAA College Financial Aid Advisors

From there, they are able to offer financial aid accordingly. Any financial aid offer letters received will outline the amount of scholarships, grants, and loans you can expect. Remember to carefully determine who will be paying the loans after graduation with your student!

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What to Keep in Mind When Comparing Financial Aid Offers from Your Top Colleges

CFAA College Financial Aid Advisors

Subtract any grant and scholarship offers you’ve received from that figure. Compare these numbers between schools to see which is a better financial fit. Look for Qualifiers on Money You’re Receiving : Make sure all grants and scholarships listed are available for the full time of enrollment, as long as you meet qualifications.

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Top Resources for National Financial Aid Awareness Month

CFAA College Financial Aid Advisors

The Department of Education uses the FAFSA to determine students’ eligibility for federal financial aid based on their financial situation. Completing this form could provide you with access to federal grants, scholarships, work-study, and loans, different forms of money to pay for school.

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Embracing Change: Navigating Graduation and New Beginnings as a New Grad

CFAA College Financial Aid Advisors

Explore Financial Aid Options : Take the time to research and explore the various financial aid options available to you, including scholarships, grants, loans, and work-study programs when paying for school. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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Deciphering College Financial Aid Offers: Making the Right Choice for Your Wallet and Education

CFAA College Financial Aid Advisors

Then subtract out the grants and scholarships from individual schools, along with any scholarships you won on your own, for a bottom line net cost figure. See if any schools are expecting you to participate in a work-study program that will provide money within their aid package.

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What to Consider When Choosing Your College by National College Decision Day

CFAA College Financial Aid Advisors

Be sure you know how much of each financial aid offer comes. You’re likely to see scholarships and grants you will not have to repay, and student loans that you will have to repay. Make one last effort at increasing financial aid Remember, the colleges are looking at financial aid information from the last year.