Posts Tagged ‘financial aid’

Understanding the Financial Aid Process

December 11, 2013

Most students are beginning to wrap up the college application process.  They have spent months getting good teacher recommendations, taking the SAT and ACT, visiting schools, perfecting college admission essays, and refining their college lists.  Many are glad that they are almost done.  But are they?  Not really.  Now is the time for students to explore Imagecollege scholarships and prepare essays for those that are applicable.  Their parents need to get busy on the FAFSA in order to apply for financial aid.  This is an online form that must be submitted in order for students to have any chance to receive financial aid.

Applying for financial aid can seem like a very complicated process.  The ultimate guide to financial aid is a great source of information that will help you each step of the way.  Confusing terms are explained and reading it will make the financial aid process go more smoothly.

http://www.collegexpress.com/articles-and-advice/financial-aid/articles/applying-financial-aid/ultimate-financial-aid-handbook/

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Financial Aid for College: Why Most Families Need to Apply

February 9, 2012

Most families are overwhelmed with the thought of paying for college.  They find the financial aid process confusing and some don’t even bother to apply.  Parents need to be encouraged to fill out the FAFSA form, and the CSS if applicable, even if they think they make too much money to qualify for financial aid.  Families with college-bound students need to understand the fundamentals of applying for financial aid.  There are so many myths surrounding the financial aid process and they need to be demystified.  Parents need to understand that a financial aid package consists of a combination of loans, scholarships and grants, and work-study programs.  Private scholarships are available, but they usually make up a very small percentage of money for college.  Helping students find schools that are affordable is not always as difficult as it may seem.  Some colleges are definitely more generous with financial aid and merit scholarships.  Click on the following link to clarify some of the misinformation about financial aid. http://wildammo.com/2011/10/19/8-myths-about-financial-aid-infographic/