It’s October, and that means it’s FAFSA season. The Federal Application for Federal Student Aid (FAFSA) is available beginning October 1 of each year. Here are the 7 quick tips you need to know to make sure you don’t miss any deadlines and don’t miss out on any financial aid opportunities.
Blog
Helping Your Teen Choose a College Major and Career
Choosing a college major and a potential career can be a big challenge for many students, and it’s often a struggle for parents too. Should you push your child toward a particular major or career? Should you help them decide? What do you do if they’re undecided? Get answers to these and many other questions in my latest blog with loads of helpful advice.
10 Strategies to Improve Your Child’s Scholarship Chances
Everyone loves the idea of free money for college, and scholarships are a great way to get it. But you also need to use the right strategies to increase your chances of success. Here are the 10 ways students and their families can improve their chances of getting need-based, merit-based and other types of scholarships.
Student Aid Index: What Parents and Students Should Know
The Student Aid Index (SAI) is a number used by college financial aid administrators to measure families’ ability to pay for college. It’s part of the process of determining how much need-based financial aid your student is eligible to receive. SAI will be the new name for what was previously known as the Expected Family Contribution (EFC), and it will go into effect on July 1, 2023, along with many other changes to the FAFSA and college financial aid process. Learn more about SAI, how it works, and what’s changing in my quick overview article.
The 5 Types of Federal Financial Aid
Most college financial aid and loans are based on federal grants, funds, and subsidies provided by the U.S. Department of Education.
There are a total of five types of federal financial aid, and it’s important to understand each one, whether it will be available to your family, and what it might mean for you.