CFAA College Financial Aid Advisors

MARCH 11, 2024

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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CFAA College Financial Aid Advisors

APRIL 15, 2024

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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CFAA College Financial Aid Advisors

FEBRUARY 12, 2024

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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CFAA College Financial Aid Advisors

FEBRUARY 5, 2024

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.

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School & Student Services by Community Brands

APRIL 5, 2023

A family may use financial aid to cover tuition, as well as education-related expenses, such as books and supplies. There are two main categories of financial aid: need-based and merit-based. Need-based financial aid, such as grants, is awarded based on an assessment of a family’s income and expenses.

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CFAA College Financial Aid Advisors

DECEMBER 11, 2023

One thing that has not changed about the FAFSA is that any current high school senior who plans to attend college in the fall and any current college students should still file the FAFSA. As a reminder, the FAFSA gathers information about your financial needs so your student can be offered work-study, grants, and student loans.

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CFAA College Financial Aid Advisors

DECEMBER 3, 2023

For students who are applying on the regular timetable, the delay of the FAFSA release is likely to not impact financial aid. How are the updates impacting Pell Grants or other offers for low to middle income students? Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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IEFA

AUGUST 6, 2022

Differences between scholarships and grants. Scholarships and grants are both types of financial aid that can help you pay for college. The main difference between the two is that scholarships are typically based on academic achievement or athletic ability, while grants are usually need-based.

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College Planners of America

APRIL 5, 2024

This is a nearly impossible task for college financial aid offices , which are already coping with a large backlog of ISIR’s and a surge of questions from confused parents. Low-income students will get more aid and more students will be eligible for grants. Department of Education.

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College Planners of America

NOVEMBER 28, 2022

One of the most popular student financial aid programs managed by the U.S. To remedy these failures, the ED will adjust a borrower’s account by granting credit toward PSLF for: • Any month in which a borrower was in a repayment status, regardless of whether payments were partial or late, the loan type, or the repayment plan. •

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Diverse: Issues in Higher Education

FEBRUARY 8, 2023

As the COVID-19 pandemic dawned in Spring 2020, the federal government granted institutions of higher education a series of waivers and flexibilities that allowed them to continue functioning under radically different conditions. Changes in who is responsible for paying for COVID tests and treatments could affect campuses, for example.

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College Planners of America

FEBRUARY 13, 2024

The student financial aid system has always been complex. The goal of the Act is to simplify the process of applying for student financial aid, primarily by reducing the number of questions on the FAFSA from 108 to 36. With this year’s new FAFSA and its inept rollout by the U.S.

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Diverse: Issues in Higher Education

FEBRUARY 28, 2023

After months of uncertainty for borrowers, the Biden administration’s student loan debt cancellation program, which offers $10,000 of relief to those making up to $125,000 and $20,000 for Pell Grant recipients, came before the Supreme Court on Tuesday, in oral arguments that stretched for over an hour past their scheduled time.

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CFAA College Financial Aid Advisors

DECEMBER 8, 2023

Perhaps one of the biggest pros of the SAI is that more students will be able to receive access to Pell Grants. Access to Pell Grants is typically based on family size and the federal poverty line. Starting this year, applicants who don’t qualify for a max Pell Grant if their SAI is less than the maximum grant amount.

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CFAA College Financial Aid Advisors

MARCH 25, 2024

Find out whether they have a substantial grant and scholarship program , learn about on-campus and off-campus work opportunities, and ask if there are clubs that focus on your major or if you can start one, because you want to find out what is different about this college or why other students choose to attend it.

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CFAA College Financial Aid Advisors

JANUARY 3, 2024

EFC: The Expected Family Contribution will be changed to the Student Aid Index (SAI). Pell Grants: More students will be eligible to receive maximum or partial federal Pell grants. You can learn more about the changes with the SAI here.

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EAB

SEPTEMBER 26, 2023

Institutions should consider proactively sharing information and resources related to student loan repayment with soon-to-be-graduating students. Staff Resource Guides: Staff receives lists of local resources to support students in financial crisis. How well does your institution support returning stop-outs?

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College Planners of America

APRIL 28, 2023

This will adversely affect the college plans of students planning to apply in the 2023-24 admissions cycle as well as students who need to re-apply for Federal aid each year. FAFSA data is also critical for the states that use it as the basis for their own awards of financial aid.

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Diverse: Issues in Higher Education

MAY 25, 2023

“Unfortunately, in the last several years, colleges and universities and financial aid offices have gotten used to a political game of chicken in Washington, D.C., Colleges are hoping that a potential default would be short and have a limited effect on students, given that aid is mostly distributed in the fall or winter. “If

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Diverse: Issues in Higher Education

JUNE 30, 2023

Supreme Court dashed the hopes of 40 million student borrowers Friday, striking down President Joe Biden’s student loan forgiveness program. The plan would have offered $10,000 of relief to borrowers making under $125,000 and $20,000 to those who had received Pell grants, for an estimated $430 billion of forgiveness.

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College Planners of America

APRIL 24, 2024

Students and, for those who are dependents, their parents, fill it out and submit it to the ED. The FAFSA eligibility calculation did not account for inflation from 2020 to 2023, which was 18%, so many students were incorrectly considered ineligible. Students eligible for Pell Grants have been denied because they are dependents.

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