The College Solutions Blog

Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.

Financial aid
Featured image for “9 Things You Need to Know About Private Scholarships”
August 14, 2013

9 Things You Need to Know About Private Scholarships

Winning private college scholarships can certainly help make college more affordable, but you need to know the realities of competing for this college cash. Before you start hunting for private college scholarships, here are nine facts about these awards that you need to know: 1. Private scholarships aren’t the biggest source of college cash. I suspect most families believe that...
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Featured image for “A Financial Aid Letter That Gets It Right”
March 27, 2013

A Financial Aid Letter That Gets It Right

Many colleges do a horrible job of presenting their financial aid awards in an easy-to-understand way.  As I’ve been explaining in my last two posts, I believe this is largely intentional: What’s Wrong With This Financial Aid Letter Evaluating a Financial Aid Award Recognizing this shameful behavior, the federal government has created a financial aid template called the Shopping Sheet....
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Featured image for “Evaluating a Financial Aid Award”
March 25, 2013

Evaluating a Financial Aid Award

This is the second day that I’m devoting to evaluating financial aid letters. If you missed it, here is the first post that I wrote on this important subject: What’s Wrong with This Financial Aid Letter? Today I’m sharing another financial aid award that I obtained from Paula Bishop, a CPA from Bellevue, WA, who received this letter from a...
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Featured image for “What’s Wrong With This Financial Aid Letter?”
March 22, 2013

What’s Wrong With This Financial Aid Letter?

Many financial aid letters  — heck almost all of them —  are confusing. I’ve always wondered why award letters are so difficult to understand. Perhaps the staffers generating these letters in the bowels of universities have been conversing in financial-aid speak for so long that they have lost their ability to communicate in standard English. Of course, the cynical explanation...
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Featured image for “Is This College Generous?”
March 19, 2013

Is This College Generous?

What does the financial aid look like for a school that is generous? In my last post, I illustrated what a stingy university looks like using statistics that you can find on the College Board. If you missed the post, here it is: Is This University Stingy? Today I’m going to use the same tools to illustrate what a school...
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Featured image for “Is This University Stingy?”
March 15, 2013

Is This University Stingy?

If you require need-based financial, you should hunt for schools that are generous with their aid packages. This is the advice that I shared in my last college blog post: Where Is the Financial Aid Cash? If you didn’t read it, I’d suggest that you do before continuing on with this post. If money is an issue, students should be...
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Featured image for “Where’s the Financial Aid Cash?”
March 12, 2013

Where’s the Financial Aid Cash?

This is the time of year when students are receiving their financial aid awards. I’m sharing a letter today from a mom who is unhappy about financial aid letters that her son has been receiving. Lynn O’Shaughnessy Hi Lynn, I’m a parent relatively new to the financial aid process and I have a question.  Once you have completed the FAFSA...
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Featured image for “Save Money By Reading This Book”
March 1, 2013

Save Money By Reading This Book

I’ve got to confess that it’s rare that I find a book about college strategies that I like. Today I wanted to share with you a book that I actually believe is helpful. The name of the book is Right College, Right Price: A New System for Discovering the Best College Fit at the Best Price.  Frank Palmasani, who is...
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Featured image for “Are Merit Scholarships Fair?”
January 29, 2013

Are Merit Scholarships Fair?

I wanted to share this note that I got today from a mother, who wonders about the fairness of merit aid scholarship policies. In my next post, I’ll comment on Rebecca’s note. I’d urge you to share your thoughts on this subject in the comment box below. — Lynn O’Shaughnessy Hi Lynn, I would love it if you would write...
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Featured image for “6 Ways to Get Help on the PROFILE and FAFSA”
January 21, 2013

6 Ways to Get Help on the PROFILE and FAFSA

Are you intimated at the prospects of tackling your financial aid applications? Join the crowd. It’s easy to make mistakes on the forms and these errors could cost you a ton of money. Resources exist, however, to help you survive the process. Here are six resources to get you started: 1. Use FAFSA on the Web. The federal government can...
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