How would you like your child to get a college scholarship worth $10,000 per year? How about boosting that award from $10,000 to $24,000? Here’s how big savings like these are possible with small academic improvements that your student can make on their college test scores or GPA.
Parents never want to let their kids down, but it can easily happen when it comes to college and financial aid. If you make bad financial assumptions and don’t do your research, you can end up ruining your child’s college dreams. That’s what happened to one family that came to me after they made some huge mistakes and learned the hard way. But here’s how you can avoid doing the same thing by taking the right steps right now.
College is expensive, and it’s not getting any cheaper. This is why it pays to know your best student loan options. Here are the top student loans to help you pay for college, save money, and avoid graduating with crippling financial debt.
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.
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.
Big changes are coming to the Free Application for Federal Student Aid (FAFSA) in 2023, and the changes could dramatically affect how much parents and families end up paying for college and how much financial aid their students receive. Learn about what’s changing, including the new Student Aid Index, in my in-depth blog for parents.