CFAA College Financial Aid Advisors

NOVEMBER 6, 2023

But, I’m here to tell you that a request for extra documentation is not a reason to panic! You might see a note on your Student Aid Report saying you’ve been selected for verification, or your school might contact you to inform you that your application has been selected for review. You can also track the submitted documents, too!

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IEFA

SEPTEMBER 28, 2023

Refinancing your international student loans can be a game-changer in managing your student loan debt more efficiently and potentially reducing the amount of interest you pay by thousands of dollars. But, what are the steps to refinance, and what challenges do international students face in this process?

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Student Loan Hero

DECEMBER 22, 2022

But the reality is that there are no income limits with the Free Application for Federal Student Aid (FAFSA); any eligible student can fill out the FAFSA to see if they qualify for aid. While some aid is based on financial need (such as subsidized loans and Pell Grants), other aid is not (such as unsubsidized federal loans).

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CFAA College Financial Aid Advisors

OCTOBER 24, 2023

What many families don’t realize is that the FAFSA uses federal income tax information from the previous year to calculate financial aid eligibility. That means on the 2024-2025 FAFSA, numbers will be gathered from your 2022 tax return. Pregnancy or change in marital status of the student. Marital strain, separation or divorce.

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CFAA College Financial Aid Advisors

JANUARY 5, 2024

Carefully document all changes in your family’s financial situation from last year to this year. File Your 2023 Federal Income Tax Return You’ll need it when you go to complete the FAFSA in the fall. Ask your parents if they are willing to help repay any portion of student loans you may borrow.

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College Planners of America

JANUARY 8, 2024

Education Department (ED) in 1979 was to assist students in paying for a post-secondary education. Like corporations that market to consumers, the ED conducts much of its business with its student-consumers over the Internet. There are many clever scams designed to pick the pockets of students who seek funds to pay for college.

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IEFA

AUGUST 3, 2023

In this blog post, we’ll explore the different types of scholarships available for undergraduate and graduate students enrolled in a variety of engineering fields, along with tips for applying and alternative funding options. Here’s an example of a merit-based award: the Engineering Excellence Scholarship (Overseas Students).

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School & Student Services by Community Brands

APRIL 5, 2023

Plus, it helps your school remain competitive—the number of new students reported at private and independent schools positively correlates with the number of students who receive financial aid. According to our Community Brands K-12 Trends Report, the average financial aid award covers 40% of tuition!

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Student Loan Hero

DECEMBER 22, 2022

The Free Application for Federal Student Aid (FAFSA) opens on Oct. Most students file the FAFSA much closer to the date it opens than the date it closes. Students can file the FAFSA until the end of the academic year and still get some aid,” says Mark Kantrowitz, financial aid expert and publisher of SavingforCollege.com.

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Student Research Foundation

DECEMBER 15, 2022

Are you a high school student, a parent, a teacher, or a college counselor? No matter the scholarships or loans you will apply for, you will almost certainly have to fill out the Free Application for Federal Student Aid (FAFSA) form online. Remember, it is never too early to start researching sources of financial aid.

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College Planners of America

DECEMBER 11, 2023

Students should submit a CSS Profile if applying to one or more of the colleges that use it to allocate their institutional funds. The Profile enables an applicant to be considered for a college’s scholarships, stipends, grants, and loans. Students should check with each college to which they plan to apply to ensure timely submission.

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Scholarship America

MAY 15, 2023

Updated May 2023 Students who receive financial aid may have an unexpected bill to pay—a tax bill. While most scholarship awards are not taxed, there are a number or circumstances in which they can be, and many students and parents may not know the details. Do college students have to file tax returns?

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CFAA College Financial Aid Advisors

JANUARY 3, 2024

How Finding Money for College Is Now Easier Than Ever For the last 40+ years, students and families have been frustrated by the process of filing the FAFSA. This single document is the key to funding a college education, yet it’s been one of the most notoriously difficult documents to file. This is going to be a major change!

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#RealCollege Blog

MAY 12, 2022

Limiting student debt relief based on income is a terrible idea and a technological disaster in the making. In practice, an income cap would require the federal government to set up a paperwork trap that could deny relief to the student loan borrowers who most urgently need the help.

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College Planners of America

JANUARY 10, 2023

Every year, parents of enrolled and prospective college students should complete their part of the Free Application for Federal Student Aid (FAFSA) for financial aid from the Federal government, their state, and the student’s college. Parents need to provide tax, income, and certain asset data and sign the online form.

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Student Loan Hero

NOVEMBER 22, 2022

Student loan forgiveness can wipe out part or all of your student loan debt. The big news on the student loan forgiveness front is that the federal government plans to forgive up to $10,000 in federally held student debt, or up to $20,000 if you previously received a Pell Grant. ( See more below ).

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Student Loan Hero

NOVEMBER 22, 2022

The student loan landscape has changed dramatically, thanks to the government’s August announcement of up to $20,000 in loan forgiveness. Specifically, those who received a Pell grant during college can qualify to have up to $20,000 of their current federal student loan balance canceled. Note: As of Nov.

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College Planners of America

OCTOBER 19, 2022

In August, President Biden announced the Federal Student Loan Forgiveness Plan (the Plan), which will cancel 20% of the outstanding Federal student loan debt of $1.5 In previous posts, we covered eligibility for loan forgiveness, the process for applying for forgiveness, and its impact on taxes.

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