The College Solutions Blog

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

Financial aid
March 22, 2012

An Email from a Disillusioned Mom

I received an email yesterday from a disillusioned mom, who wanted to share what she has learned after receiving her oldest daughter’s financial aid packages. I can totally sympathize with this mother and I want to pass on Lisa’s observations before I comment on them. After receiving Lisa’s email, I sent her a message asking what kind of merit aid...
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March 20, 2012

My Take on the College Board’s BigFuture

I’m going to keep yesterday’s post up another day because the College Board’s new consumer site – BigFuture – was experiencing difficulty staying online Tuesday. I had trouble accessing the site and you probably did too. Since I wrote the post below, I received a response from the College Board that promised to improve its Paying for College section. Here ...
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March 19, 2012

An Inside Look at Financial Aid Appeals

When you appeal a college’s financial aid award what happens to your request? During the last admission season, The Chronicle of Higher Education provided an inside glimpse into how a financial aid appeal is handled internally in a fascinating article entitled: When Families Ask Colleges for More Money A Chronicle reporter observed financial aid deliberations that took place among senior...
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March 15, 2012

Financial Aid Letters from Alabama, Ohio and Colorado

State universities are often the cheapest places to obtain a bachelor’s degree, but not always. In fact, for a smart student who needs financial aid, expensive private schools will sometimes be more affordable. Out here in California, a story that generated a lot of attention recently carried a variation of this headline: Believe It: Harvard Cheaper Than Cal State.  Of...
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March 14, 2012

Getting Disappointing Scholarship News

I have started getting emails from parents who are disappointed that their teenagers’ financial aid packages are so meager. I wanted to share one story today from a mom, whose daughter is a stellar student and who was hoping for the University of Delaware’s top scholarship. A Mom’s Email My daughter just received her acceptance today from the University of...
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March 13, 2012

Beware of Preferential Packaging

Many students who apply to college end up being disappointed at what’s wrapped up inside their financial aid packages. There is a way, however, to reduce the chances that this will happen to you. Be realistic in the schools you target. Here’s the key reason why: Colleges and universities possess a finite amount of money for financial aid. Most schools...
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March 13, 2012

Beware of Preferential Packaging

Many students who apply to college end up being disappointed at what’s wrapped up inside their financial aid packages. There is a way, however, to reduce the chances that this will happen to you. Be realistic in the schools you target. Here’s the key reason why: Colleges and universities possess a finite amount of money for financial aid. Most schools...
Read More
6
March 12, 2012

An End to Bad Financial Aid Award Letters

Last week I wrote two college blog posts that included examples of confusing financial aid letters. If you missed them, here they are: Are These Financial Aid Letters Misleading? What’s Missing From This Financial Aid Letter? I received a couple of notes from independent college counselors saying that they were going to use the awards that I highlighted as templates...
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March 9, 2012

Are These Financial Aid Letters Misleading?

If you didn’t see my college blog post from yesterday, I’d urge you to take a peek. I wrote about misleading financial aid awards, which can cause parents to think that a school is going to be more affordable than it really is. Here is the post: What’s Missing From This Financial Aid Letter? Today I want to offer three...
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March 8, 2012

What’s Missing From 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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