Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
January 13, 2018
How Home Equity Impacts Financial Aid
Have you given any thought to how home equity might hurt your child’s chances for financial aid? Luckily, at most state and private colleges and universities, the equity in your primary home is a non-issue. That’s because most schools only require families to complete the FAFSA (Free Application for Federal Student Aid) when applying for financial aid, which doesn’t even...
October 16, 2017
Maximizing Financial Aid – Beware of Mistakes
It’s financial aid season! If you have a child heading to college next fall, you can complete the Free Application for Federal Financial Aid (FAFSA) or the CSS Profile now! Whether you’re filing this year or are curious about what lies ahead, I have written two helpful articles that explore important financial aid topics. (I wrote both of these articles...
September 18, 2017
10 Things You Need to Know About College Net Price Calculators
Here is what typically happens during college admission season: Students apply to whatever colleges they want without having any clue about whether these schools will give them grants and/or scholarships. Parents are often nervously okay with their children disregarding price when finalizing their lists. The attitude of these moms and dads can be summed up this way: Go ahead and...
April 11, 2017
How to Decipher a Financial Aid Letter
Financial aid awards are often confusing. I believe many colleges and universities intentionally make financial aid awards hard to decipher to trick families into thinking that their institutions are being generous even when they aren’t. Obfuscation is an effective way to keep parents off balance. Since we are heading into the season when students will be receiving their financial aid...
March 28, 2017
Should You Pay More Than $66,000 for Northeastern University?
This is the time of year when parents and teenagers stress about their college choices. Parents whose children have expensive collegiate tastes can struggle with the some variation of the following question: Should they spend obscene amounts of money so their children can attend their dream school or should they insist that their children stick with more reasonably priced alternatives?...
March 13, 2017
My New College Column at Cappex
If you like periodically checking out my college blog, I want to alert you to another place where I share my thoughts about college issues. I recently began a college column at Cappex, which is the popular resource for students and parents researching colleges and looking for scholarships. Here is the link to the archive of my new Cappex column...
January 20, 2017
5 Winning College Strategies
During the past week, I shared Five Winning College Strategies during a webinar that attracted more than 1,000 viewers. If you missed the webinar, which I offered on four different dates, you can still listen to the replay for a limited time period. Here is the link to Five Winning College Strategies to Finding Great Schools and Cutting Their Price....
December 19, 2016
11 Common FAFSA Mistakes
If your child will be heading to college next fall, you should be tackling the Free Application for Federal Student Aid and, if applicable, the CSS/Financial Aid PROFILE now. While filing for financial aid is extremely important, it is incredibly easy to make mistakes which can hurt your family’s ultimate awards. In this post, I’m sharing 11 FAFSA mistakes to...
November 11, 2016
9 Signs That Your Teen Graduates with Student Loans
Today I’m happy to share a guest blog post by Michelle Kretzschmar, who is the creator of an incredibly helpful website called DIYCollegeRankings. If you’re looking for colleges and wondering how you’re going to pay for them, I’d urge you to visit Michelle’s website! Lynn O’Shaughnessy By Michelle Kretzschmar Many people don’t know how much they’ve borrowed from college until...
October 13, 2016
10 Things to Know About the New FAFSA Changes
Big financial aid changes have arrived for the Free Application for Federal Student Aid and the CSS/Financial Aid PROFILE. If you’re hoping that your child qualifies for financial aid, you need to know what these major new developments that kicked off this month. Millions of parents annually fill out the FAFSA. Completing this aid application is necessary to qualify for...