Category Archives: Financial Aid

6 Ways Colleges and Universities Award Financial Aid

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When parents and students complete financial aid and scholarship applications they hope the end result provides a significant amount of funding.

Net price calculators and other tools can help predict a student’s projected cost of attendance. But too often, families wait until the initial financial aid award letters arrive from colleges and then wonder how to finance the gap between what was offered and their own resources.

Help the families you serve by familiarizing yourself with the most common methods used by colleges to award financial aid. By reviewing a college’s website, talking to a school representative, or even taking a campus tour, you can gain knowledge about the institution’s approach to helping families fund a college education.

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Reminder: Keep an Eye on Financial Aid Deadlines

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Need financial aid for the 2017-18 academic year?

The US Department of Education is reminding students to remain cognizant of deadlines when completing the FAFSA.

While the FAFSA is primarily used to award federal financial aid, many colleges, states, and scholarship programs also use the form to assess eligibility for their aid programs.

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Report: Net Price Continues to Grow for College Students

Despite only modest increases to tuition and fees, the cost of a college education continues to outpace growth in financial aid, family incomes, and the average prices of other goods and services.

The findings are included in two reports — Trends in Student Aid and Trends in College Pricing — released this morning by The College Board.

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Infographic Helps Students Determine Parental Contributions on FAFSA

Editor’s note: A version of this postwas originally published on Admitted in December 2015.

Families are complicated.

Many children split their time between two or more homes. Others live with grandparents.

So it’s no surprise that questions abound each year as students determine how to record parental tax information on the FAFSA.

An infographic from the US Department of Education — Who’s My Parent When I Fill Out the FAFSA — can help students (and counselors) through the application process.

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FAFSA Videos from NACAC’s National Conference Available Now

Still have questions about prior-prior year (PPY) and the 2017-18 FAFSA?

Videos of two educational sessions presented at NACAC’s recent national conference can provide answers as you work to help students and families apply for federal financial aid.

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