CFAA College Financial Aid Advisors

DECEMBER 30, 2024

Why FAFSA Deadlines Matter The FAFSA is the key to unlocking a variety of financial aid options, including federal grants, work-study programs, and loans. Its also used by most states and colleges to determine eligibility for state financial aid and institutional scholarships.

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CFAA College Financial Aid Advisors

NOVEMBER 26, 2024

After receiving your acceptance and financial aid packages, you can compare the offers from different schools to determine which one offers the best value. In particular, you’ll be able to compare grants, scholarships, loans, and work-study – all with the cost of attendance.

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CFAA College Financial Aid Advisors

APRIL 7, 2025

While thats true, the earlier you start thinking about financial aid, the more options and opportunities you’ll have. Colleges have different deadlines, scholarships come with various eligibility criteria, and grants can require some paperwork that takes time to gather. What is Financial Aid?

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CFAA College Financial Aid Advisors

MAY 19, 2025

These can strengthen both scholarship applications and college admissions. Begin Exploring Scholarships Early Its a common myth that scholarships are only for seniors. In reality, there are many scholarships available to students in grades 9 through 11. Scholarships dont require payment back.

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CFAA College Financial Aid Advisors

NOVEMBER 18, 2024

On the flip side, Regular Decision applicants typically hear back in March or April and will receive both their admission and financial aid offers at roughly the same time. If you’re accepted to multiple schools, you’ll be able to compare the financial aid offers you receive.

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CFAA College Financial Aid Advisors

JANUARY 13, 2025

Some institutions offer rolling admissions or have later deadlines for financial aid and scholarships, so its worth considering whether other offers are a better fit. Evaluate Your OptionsDont Rush to a Decision After a rejection, take some time to evaluate your remaining options.

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CFAA College Financial Aid Advisors

MARCH 24, 2025

Whether its due to changes in your financial situation or an offer from another school, being clear about your situation will make it easier for the office to assess your request. Consider Your Options: Some schools offer more than one form of financial aid. Ask if there are any other forms of aid or funding you can apply for.

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CFAA College Financial Aid Advisors

FEBRUARY 10, 2025

This includes not only grants, scholarships, and loans but also any work-study opportunities or other forms of support. Its important to check that your familys income and assets have been reported correctly and confirm youre not eligible for other scholarships or loan programs.

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CFAA College Financial Aid Advisors

DECEMBER 23, 2024

Financial aid packages can vary significantly from school to school, so its important to compare them to see which one offers the best financial assistance. Pay close attention to grants, scholarships, work-study, and loans offered. The payback options for each of these differ and should be carefully considered.

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CFAA College Financial Aid Advisors

APRIL 20, 2025

Consider the Financial Picture The cost of attendance is often a big factor. Carefully review your financial aid packages, including scholarships, loans, and work-study opportunities. Make a pros and cons list to help you weigh your priorities and see which school fits best with your goals and values.

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CFAA College Financial Aid Advisors

APRIL 28, 2025

Compare Your Financial Aid Offers Not all aid packages are created equal. Some schools might offer you more money up front but have higher living costs or fewer scholarships that renew after your first year.Make a quick spreadsheet or use one of those online comparison tools.

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CFAA College Financial Aid Advisors

MARCH 31, 2025

Research Scholarships Early Scholarships are a great option when it comes to easing the cost of college. Many scholarships have deadlines before senior year even starts, so the earlier you start, the better. You dont want to be scrambling for a scholarship essay while everyone else is wrapping up their final assignments.

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CFAA College Financial Aid Advisors

APRIL 14, 2025

There are three main types of financial aid: Grants : These are usually need-based and dont need to be paid back. Scholarships : Often awarded based on merit (like academic performance, sports, or talent) and do not need to be repaid. Loans : Money that must be repaid, typically with interest.

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CFAA College Financial Aid Advisors

MAY 5, 2025

Review and Accept Your Financial Aid Package Take a close look at your financial aid award. It likely includes a mix of grants, scholarships, loans, and work-study. Decide what to accept and complete any follow-up steps that you can now, like signing a Master Promissory Note (MPN) for federal loans.

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CFAA College Financial Aid Advisors

NOVEMBER 11, 2024

Earlier Access to Campus Resources Getting admitted early also means you can jump on things like campus housing, class registration, and sometimes even scholarship opportunities. Many schools open up scholarship applications to Early Action admits ahead of time. You may have the chance to secure funding before regular applicants.

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CFAA College Financial Aid Advisors

JANUARY 20, 2025

From perfecting their application to securing other college offers or scholarships, these milestones are worth celebrating. Rejection can open the door to unexpected opportunities, whether that means exploring other colleges or taking a gap year to gain life experience. Rejection doesnt erase the hard work theyve already put in.

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CFAA College Financial Aid Advisors

FEBRUARY 24, 2025

Before visiting, make sure you understand the schools cost of attendance and the financial aid or scholarship opportunities available. While youre on campus, ask about financial aid options and any merit-based scholarships or grants that could help offset costs.

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CFAA College Financial Aid Advisors

JUNE 24, 2024

Borrowing student loans is a significant financial decision that can have long-lasting implications on your student’s future. While loans can help make higher education more accessible, it’s crucial to approach borrowing with careful consideration and awareness.

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CFAA College Financial Aid Advisors

JULY 1, 2024

As students embark on their educational journeys, the prospect of financing their studies often looms large. Scholarships can be a game-changer, offering financial assistance that reduces the burden of tuition fees, books, and living expenses. Let’s explore when to begin looking for scholarships as a college bound student!

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CFAA College Financial Aid Advisors

JULY 15, 2024

Navigating the world of scholarship applications can be daunting, especially when you’re juggling multiple deadlines and requirements. Missing deadlines can mean missing out on valuable financial aid opportunities. Value: Consider the financial award and how it would impact your educational expenses.

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IEFA

AUGUST 6, 2022

What is a scholarship? A scholarship is an award of financial aid for a student to further their education. Scholarships are awarded based on various criteria, which usually reflect the donor’s or organization’s values and purposes. Differences between scholarships and grants.

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CFAA College Financial Aid Advisors

JULY 7, 2024

As college tuition costs continue to rise, the search for scholarships becomes increasingly crucial for students and their families. Whether you’re a high school student preparing for college or already navigating your way through higher education, the pursuit of scholarships should never be underestimated.

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EAB

SEPTEMBER 26, 2023

Blogs Your student loan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, student loans were something that nearly everyone had, but not something any of us fully understood. They were a necessary evil to be addressed “later.”

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CFAA College Financial Aid Advisors

MARCH 18, 2024

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. The school may have additional funds for low-income students or may be able to point you in the direction of other scholarships.

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CFAA College Financial Aid Advisors

JUNE 17, 2024

Receiving a financial aid offer can be both exciting and overwhelming for college-bound students and their families. While grants and scholarships provide much-needed assistance, loans often make up a significant portion of the aid package.

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CFAA College Financial Aid Advisors

APRIL 1, 2024

Here are more tips on comparing financial aid offers. Keep searching for scholarships: You should always be looking for scholarships to help take the bite out of college costs. There are many year-round and late-deadline scholarships that are still available. Congratulations!

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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. If you don’t have enough, you’ll need to earn more by then or learn a lot about student loans in a hurry.

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CFAA College Financial Aid Advisors

SEPTEMBER 2, 2024

The new SAI is making the Pell Grant more available to many students! Scholarships Scholarships are funds awarded to students based on various criteria, including academic achievement, extracurricular involvement, or specific talents. Like grants, scholarships do not get repaid.

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CFAA College Financial Aid Advisors

APRIL 22, 2024

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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CFAA College Financial Aid Advisors

MARCH 11, 2024

Subtract any grant and scholarship offers you’ve received from that figure. The remaining amount is your net price, or out-of-pocket cost that will have to come from loans or your savings. Compare these numbers between schools to see which is a better financial fit. This could include GPA, credit hours, or other criteria.

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CFAA College Financial Aid Advisors

APRIL 15, 2024

Reread your financial aid letters and determine how much of each package is in federal student loans. 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.

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CFAA College Financial Aid Advisors

MARCH 4, 2024

Determine if you need loans: If you cannot meet all of your cash flow needs, then you might have to borrow money through federal or private student loans. Make sure both the family and student understands their part of the commitment of loans. Make sure you have enough money available to cover everything.

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CFAA College Financial Aid Advisors

JULY 21, 2024

This is the perfect time to find scholarships and grants to reduce your next year’s college costs. 5: Plan for College Expenses For high school students entering college soon, summer is a crucial time to prepare financially. Finalize your research on financial aid options, like loan types and scholarship offers.

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CFAA College Financial Aid Advisors

AUGUST 26, 2024

Research your state’s specific financial aid deadlines to ensure eligibility. Scholarships : National and private scholarship deadlines vary widely. Search for scholarships early and regularly. Create a list of potential scholarships and their deadlines to stay on track.

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CFAA College Financial Aid Advisors

DECEMBER 1, 2023

Updates to the FAFSA Have Delayed College Financial Aid for Millions The Free Application for Federal Student Aid (FAFSA) has undergone some major updates for the 2024-2025 application cycle. Unfortunately, many families and students are wondering exactly where the FAFSA is. Still Want More Help?

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CFAA College Financial Aid Advisors

JULY 29, 2024

It answers questions that help parents talk to students of any age about money and debt. It also takes readers through the entire college money process of applying for financial aid, using student loans, and searching for college scholarships.

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CFAA College Financial Aid Advisors

MAY 20, 2024

Financial Aid for College The college portal is like a digital command center, providing access to essential resources, announcements, and updates pertinent to your student’s academic journey. One area where its significance truly shines is in managing financial aid.

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