Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
Financial aid
November 28, 2010
Is Your EFC Too High?
Is your EFC too high? I have been hearing from families of high school seniors who have calculated their preliminary EFC or Expected Family Contribution and are now panicking. They can’t believe how high their EFC is. Your EFC can provide a decent idea of what a college will assume you could pay for one year of college. If you...
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November 15, 2010
Why State Universities Aren't Always a Bargain
If you’ve been a regular visitor to my college blog, you know that college price tags are meaningless. A $50,000 college, for example, could cost some families less than a $25,000 school. More families in my state of California are beginning to realize this. I bet that’s why expensive private schools such as Whitman College, Colgate University and Swarthmore College...
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November 14, 2010
6 Tips for Performing and Visual Art Majors
In my college blog post last week for US News & World Report, I wrote about students who want to major in the performing and visual arts. Here it is…. If your child wants to major in musical theater or some other performing art, go ahead and blame it on Glee, American Idol or America’s Got Talent. Television shows make...
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November 10, 2010
Will Saving For College Hurt Your Odds for Financial Aid?
Is your family going to qualify for financial aid? Many families that I talk to assume that they won’t qualify for financial aid. Many believe that the money that they’ve stashed in their college savings accounts will kill their chances. Stressed Out Dads It’s been my experience that it’s usually dads who get stressed out about how colleges will treat...
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November 8, 2010
Should You Apply for Financial Aid?
Are you wondering if you should apply for financial aid? For most families, the answer will be yes. You should file for financial aid. Here are three key reasons why families of any income level should apply for aid by completing the Free Application for Federal Student Aid: 1. The FAFSA is free. The FAFSA won’t cost you anything but...
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October 31, 2010
Fighting Back Against Rising College Costs
College costs continue to rise (surprise, surprise), according to the latest statistics released by the College Board. The news is depressing, but not as awful as you might assume. As I’ve discussed in previous college blog posts, roughly two-thirds of college students receive scholarships or other price breaks so the sticker prices are meaningless. 2010-2011 College Tuition Prices Type of...
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October 28, 2010
Answers to College Recruiting Questions
I’ve gotten questions lately from parents whose children are being recruited by college coaches. I wanted to share the questions because it might help other families who are or will be navigating the Byzantine world of college athletics. I talked to Karen Weaver, my go-to-expert on college athletics. Weaver is the director of athletics at a Penn State campus and...
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October 27, 2010
Qualifying as an Independent Student
I periodically get emails from teenagers, who are freaking out because their parents plan to contribute little if anything to their college education. Many of these kids are from affluent families, who could afford to kick in far more than they are planning. I don’t understand parents with good paying jobs who have no problem dumping the entire college expense...
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October 18, 2010
10 Things That Many High School Counselors Don't Know
I am sure that I ticked off a fair number of high school counselors yesterday when I wrote this post: Why High School Counselors Don’t Know Much About College I wanted to follow up with a list of things that the typical high school counselors doesn’t know. This list could have been much longer, but since people are impatient on...
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October 10, 2010
Should Rich Students Get Merit Scholarships?
Should colleges continue to give merit scholarships to rich students? The vast majority of colleges and universities in this country dispense money to rich kids through merit scholarships or grants. The higher-ed world isn’t proud of this practice, but it’s pervasive. I ended up talking about this phenomenon this weekend when I was visiting my daughter Caitlin, who is a...
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