The cost of a college education is rising every year. This year the average cost of a private four-year school was $26,273, up 4.4% from last year, and the average cost of a public school was $7,020, up 6.5% from last year. For most families, paying for college is a struggle. If you feel like you do not have all the pieces of the financial aid puzzle, you are not alone.
On January 1st the 2010-2011 FAFSA (Free Application for Federal Student Aid) was released. The FAFSA is probably the most important part of the financial aid puzzle. If you are planning on attending college in the fall of 2010 you should be in the process of submitting this form. The FAFSA determines how much federal financial aid you are eligible to apply for. There are three basic types of federal student aid:
Continue Reading…
Related posts
If you want to go to college, you have to be prepared to pay for it. And if you’re like many of the soon-to-be college students out there, you will need college student financial aid. In order to get all the financial aid that you need, you first need to find out if you are eligible for financial aid.
Here is a list of college financial aid eligibility requirements you must pass before you fill out the FAFSA financial aid form:
Continue Reading…
Related posts
If you are in the process of reviewing your child’s financial aid award from Connecticut colleges then you need to know the insider tips that I reveal in this article that can save you tens of thousands of dollars. The first thing I want to tell you is that any Connecticut college financial aid officer may use professional judgment to either increase or decrease one or more of your family’s financial data elements such as income and assets used in calculating the amount your family is expected to contribute. However, it is important to note that professional judgment can only be used if the Student Aid Report has been filed and the EFC calculated.
When you are considering appealing a financial aid offer then you need to know that it could include circumstances that were considered to be special conditions in previous school years, such as divorce, separation, or the death of a parent or spouse after the application was filed. If these situations occur, then you must immediately contact the college’s financial aid office to see if the financial aid award can be increased.
Continue Reading…
Related posts