Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
Financial aid
August 16, 2011
Why Saving for College Won’t Hurt Your Financial Aid Chances
Is your family going to qualify for financial aid? Many families I talk to assume that they won’t qualify for financial aid. Why are so many parents pessimistic about their chances for financial assistance? I think a lot of them assume that the money they’ve squirreled away in their college savings accounts will kill their chances. I find it ironic...
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August 15, 2011
4 Stubborn Financial Aid Myths
I think the most misconceptions that people have about the college process revolve around financial aid. With the college admission season about to head into high gear, today I want to share the four financial aid myths that are probably the most common. Here are four of the most stubborn financial aid myths. 1. I make too much money to...
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August 2, 2011
5 Things High School Seniors Should Be Doing Now
If you are a rising high school senior, you probably thought you had all summer to get prepared for the upcoming college admission frenzy. But guess what? You’re running out of time. To avoid the time crunch in the fall, here are five things you can do now: 1. Examine school prices. I think it’s reckless to apply to a...
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August 1, 2011
Bad College Advice: Readers Weigh In
I devoted my last two college blog posts to exploring why high school counselors fail so many students with their college advice. If you missed them, here they are: What’s Wrong With High School Counselors What’s Wrong With High School Counselors, Part II I received many great comments regarding those posts and I wanted to share some today, as well...
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July 26, 2011
The Nation’s 30 Most Expensive Colleges
If you’ve spent much time on my college blog, you already know that published college price tags are meaningless. Most students receive some type of price break, thanks to federal or state grants and/or discounts from the schools themselves. What is far more important than a sticker price is a school’s net price. It’s All About the Net Price A...
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July 22, 2011
Can You Hide Your Home Equity From a College?
I’ve gotten a couple of questions lately about whether cashing out home equity and putting it into an annuity is a legit way of increasing a family’s chances of getting financial aid. Consequently, I decided to share a post on the topic that I wrote earlier in this year in response to an email from a dad, who was interested...
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July 21, 2011
My Favorite Books on College: A YouTube Review
Interested in some summer reading? I’ve got bookcases packed with college books in my home office. In this YouTube video, however, I share some of my favorite books about college. College Workshop I’ll be giving the final college workshop this Saturday (July 23) in a summer series for parents and teenagers at the University of California, San Diego. If you’d...
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July 20, 2011
Who Will Pay What for College?
The majority of families end up borrowing for college. But when parents and teenagers talk about how they are going to divide up that responsibility, they rarely possess a good idea of what this debt burden is going to mean for them when the bills come due. That’s why I’m recommending a tool from SimpleTuition, an aggregator of private student...
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July 15, 2011
Anatomy of a Stingy College and a Generous One
My last post focused on net price calculators that colleges and universities must have installed on their websites by late October. If you missed it, here it is: A New Way to Add Up the Cost of College Today, I want to share a nifty online tool from COLLEGEdata that can help you get a sense of how much a...
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July 14, 2011
A New Way to Add Up the Cost of College
A New Way to Add Up the Cost of College By the end of October, colleges and universities across the country must install a net price calculator on their websites. As I’ve mentioned previously, these net price calculators are going to be a tremendous boon to families. For the first time, a family will have a reasonable idea of what...
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