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

CFAA College Financial Aid Advisors

Scholarships are a great option for every year your student is in school, so make an effort to look for them every year! Consider Private Student Loans: While there are some differences between federal and private student loans , this could be the final piece in your financial aid puzzle.

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

CFAA College Financial Aid Advisors

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. What are my chances of realistically being able to repay my student loans? What else do you suggest for students in my particular situation?

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Last Minute College Financial Aid Tips for the Class of 2024

CFAA College Financial Aid Advisors

Compare student loan options: If everything else is in order and you know that you will definitely have to borrow some money to attend college, start comparing your student loan options now. Review the differences between private and federal loans.

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

CFAA College Financial Aid Advisors

Reread your financial aid letters and determine how much of each package is in federal student loans. You’ll receive funds, but it could reduce the amount of time you have available for your studies – which may not be ideal for all students. Consider Earnings Potential After College: Taking out loans?

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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.

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Last Minute Money Talks Before Sending Your Student Off to College

CFAA College Financial Aid Advisors

From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid.

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3 New Year’s Resolutions to Make College More Affordable for Your Family

CFAA College Financial Aid Advisors

But youngsters who don’t understand the value of money grow up to be college students who graduate with heavy student loan debt. It’s important to have a money talk with your student(s) early on. Some parents think the responsibility is theirs, or don’t even understand these concepts themselves.