Planning for college is a major task for every student and family, but if you’re in one of 11 key categories, it gets more complicated. In this blog article, I’ll show you the categories of families and students where college planning gets more completed, how things will be different for financial aid and important tasks you need to complete, and the challenges and opportunities available to you.
college financial aid
Major new changes to federal financial aid rules are going into effect this fall, and if you’re a high school guidance counselor, you probably have a lot of questions about the changes and what they mean for the students and families you advise. Here’s what’s changing and what you need to know so you can provide accurate advice and links to helpful resources for your students.
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.
Most parents and students assume there’s no way to graduate from college debt-free. But Kristina Ellis managed to graduate from college and grad school with zero debt, all thanks to honest conversations with her mom and an early start on scholarship applications and college planning beginning in her freshman year of high school. Hear Kristina’s best advice and recommended resources in the latest episode of the Taming the High Cost of College podcast. Listen Now…
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.
The real cost of college is almost never the price you see on school websites. To know what college will really cost your family, you need to find out the net price of schools based on your income and after all grants and scholarships are subtracted from the price. In this episode, we talk about how net price is calculated and how to find out what the average family in your income bracket has really paid at individual colleges in all 50 U.S. states. Find Out More…