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Data-Informed College Decisions: Students Deserve Clear, Consistent, and Complete Financial Aid Offers

IHEP Institute for Higher Education Policy

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. Department of Education’s Federal Student Aid office.

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

CFAA College Financial Aid Advisors

What You Have to Pay Back: Loans Loans are the money you borrow to help pay for school, but remember: this is money youll have to repay, with interest. There are federal student loans, which often come with lower interest rates and better terms, and private loans, which can vary in cost.

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Planning for College Starts Now: A Parent’s Guide to a Successful Summer

CFAA College Financial Aid Advisors

Ive seen how early preparation can help families make more informed decisions. Not only that, but it helps to reduce the stress that often comes with college applications and financial aid. Have a candid discussion about your familys financial situation. Visit Colleges If possible, visit some college campuses this summer.

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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. With recent changes to the FAFSA process, it’s important to stay informed about whats going on. Submit your application as soon as you can!

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The Ultimate Checklist for Completing The FAFSA

CFAA College Financial Aid Advisors

Gather Your Documents The FAFSA asks for a lot of personal and financial info, so it’s best to have everything ready before you start. The FAFSA will pull your tax information from the IRS, but it’s good to have other documents ready. Personal Information: This includes your name, address, SSN, and more.

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What You Need to Know Before Starting Your FAFSA Journey

CFAA College Financial Aid Advisors

Here are a few key things you should know to maximize your financial aid 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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A Look at What Happens After Submitting the FAFSA

CFAA College Financial Aid Advisors

This confirmation will include a Student Aid Report (SAR) , which summarizes the information you provided on your FAFSA. Its important to review this report for any errors or missing information. The schools financial aid office will then use this information to create a financial aid package for you.

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