Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
July 11, 2022
CollegeData: Evaluating A College’s Financial Aid and Merit Scholarships
How do you research financial aid and merit scholarships that a student might get at individual colleges and universities? With college sticker prices continuing to climb, it’s an important question to ask because the financial aid and merit award policies at schools will vary widely. Not knowing how to research the generosity or stinginess of individual colleges can cost you...
October 19, 2021
Applying early decision and early action, part II
In my last college blog post, I wrote about the pros and cons of applying to college early decision. Here is more to consider before you apply early decision or early action to college: 1. While students who apply early decision to a college must promise to attend the school, as a practical matter, a college can’t force an accepted...
June 30, 2021
How colleges assess home equity for financial aid
Plenty of parents worry that their home equity might hurt their 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 ask...
May 25, 2021
12 Expected Family Contribution Tips
One of the biggest questions that parents with college-bound children puzzle with is if their child has a chance for financial aid. The first step that you should take when grappling with this issue is to obtain your Expected Family Contribution (EFC). You should do this before seriously exploring your teenager’s college options. This is more confusing than you might...
April 21, 2021
Finding colleges offering big scholarships
It’s late in the college admission season, but schools are still giving out college scholarships to those who know where to look. The pandemic caused many colleges to provide better scholarships than they would have liked. And actually, some schools, long before the pandemic hit, were giving out large merit scholarships. I wrote about one aspect of this phenomenon earlier...
January 19, 2021
New FAFSA Changes – Winners and Losers
The Free Application for Federal Student Aid will be undergoing significant changes soon and families, who hope to obtain financial aid, need to prepare for the FAFSA changes. Tucked into federal pandemic relief legislation that Congress passed during the Christmas holidays, was a dramatic overhaul to the FAFSA and financial aid rules. Last week, I talked to Mark Kantrowitz, a...
December 8, 2020
Use this Valuable College Admission Checklist
Using a college admission checklist is critical when your child is applying to colleges and universities. Allowing a teenager to apply to any colleges without a solid game plan can be a financial and academic disaster. In fact, ignoring advance planning is one reason why ONE OUT OF THREE students who start at four-year public and private colleges and universities...
September 7, 2020
How to take advantage of college admission changes during COVID-19
No matter when COVID-19 finally disappears, the college admission practices that changed due to the pandemic, will not completely disappear. In a recent webinar, I discussed how the pandemic has impacted college admissions in significant ways and how families can take advantage of these changes going forward. COVID-19 and College Admissions Here are some COVID-19 developments that you should know...
June 8, 2020
During a pandemic, getting more money from a college
During the COVID-19 pandemic, plenty of colleges are worried about not only attracting enough freshmen for this fall, but also for the 2021-2022 college admission season. Many colleges have made the calculation that it’s better to pay too much to attract a new student than to lose that prospect – and the revenue he or she generates – all together....
April 20, 2020
SwiftStudent: New tool to appeal financial aid awards
If you want to appeal a financial aid award, there is a new resource to help you write the aid appeal letter. The free tool, called SwiftStudent, guides families through requesting more financial aid for a variety of reasons including because of financial setback due to COVID-19. The brainchild of this easy-to-use tool is Abigail Seldin, who has had a...