The College Solutions Blog

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

Financial aid
January 14, 2011

CollegeWeek Live: Shrinking the Cost of College

I gave a presentation on Shrinking the Cost of College last night on CollegeWeek Live. I talked for about 30 minutes from my office and then I answered questions from the audience. Here are some of the topics that I covered: Where you can find the greatest source of college grants. How you can improve your chances of getting college...
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January 13, 2011

A Financial Aid Guru Answers Questions

Do you have financial aid questions? If you do, head over to the college blog at The New York Times. This week Mark Kantrowitz, a financial aid guru and the publisher of FinAid and FastWeb, is answering people’s questions about financial aid. So far, Kantrowitz  has answered three rounds of questions that you can read here: Part 1: Answers to...
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January 5, 2011

Financial Aid and Home Equity: Part II

In yesterday’s college blog post, I wrote about a dad who is wondering if he should take a CPA’s  advice and hide his home equity from colleges in an annuity. If you didn’t read the post, here it is: Dubious Financial Aid Advice: Hiding Home Equity After reading my post, Todd Weaver, a college consultant at Strategies for College, Inc.,...
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January 4, 2011

Dubious Financial Aid Advice: Hiding Home Equity

It’s the time of year when families of high school seniors start worrying about their home equity and financial aid. That’s why I decided to share an email that I got yesterday from a father who was interested in using the services of a CPA who says he could hide his home equity from financial aid formulas. Here is the...
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January 3, 2011

Top 4 Financial Aid Myths

Of all the myths swirling around the college admissions process, the ones involving financial aid myths are probably the biggest whoppers. Financial aid misconceptions can easily hurt families, which is why parents with a working knowledge of financial aid will often have a greater chance of capturing price breaks. With the latest financial aid season just beginning, here are four...
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December 29, 2010

The Dirty Little Secrets of College Admissions

Today I want to share a piece, which originally ran in the Washington Post, that was written by Dean P. Skarlis, who  is president of The College Advisor of New York in Albany. I liked what Skarlis had to say so much about today’s college admission climate that I asked if I could share it with you. According to the...
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December 8, 2010

How Will My Home Equity Impact Financial Aid?

I’ve been getting emails about home equity and financial aid. Consequently, I decided to run a college blog post that I wrote last year on the topic: Before the housing bubble burst, plenty of parents worried that their home equity was going to scotch any chance of receiving college financial aid. Even in this environment, it’s still going to be...
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December 6, 2010

Getting Ready to Apply for Financial Aid

This is the time of year for parents of high school seniors to start thinking about applying for financial aid. Many families have heard of the FAFSA, but they don’t know what it was. Families need to complete the FAFSA to be eligible for state and federal grants. You also can’t obtain a federal student loan without filling out a...
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December 5, 2010

Should You Attend Your Dream College?

This is the time of year when high school seniors and their parents begin reciting this age-old advice:  Follow your dreams. Families tend to use this advice to justify their children attending expensive dream colleges even if these schools will require taking on crushing student debt. I am a huge advocate of families researching schools before hand to see if...
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November 29, 2010

Can You Shrink Your EFC?

My last college blog post focused on a dilemma that many families face. When parents calculate what their Expected Family Contribution is, they discover it’s far higher than they anticipated. If you missed the post, here it is: Is Your EFC Too High? Today I want to stay on that topic and share an email that I received from a...
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