Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
Money
January 6, 2012
8 Things You Need to Know About Private Scholarships
Winning private college scholarships can certainly help make college more affordable, but you need to know the realities of competing for college cash. My pet peeve about private scholarships is that people assume that they are the biggest source of college cash when they are really the smallest. Before you start hunting for private college scholarships, here are eight facts...
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January 5, 2012
Where You Can Find the Most Expensive Colleges and Universities
There are a lot of expensive colleges and universities in this country, but as I’ve mentioned many times before on my college blog, the sticker price is meaningless. The only figure that matters is the college’s net price. This is the price you get after any grants (free money) that you receive from a school are subtracted from the sticker...
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January 4, 2012
Catholic Universities and Yet Another Botched College List
I’ve been writing posts for my college blog recently about the W-R-O-N-G way to assemble a college list. If you missed them, here are my the posts: Another Dreadful College List Applying to the Wrong Universities Assembling a solid list of schools to apply to is critically important, but I’d argue that the vast majority of teenagers do a lousy...
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January 2, 2012
My Most Popular College Blog Posts of 2011
I want to give a big thanks to all of my regular visitors — and the new folks too — who helped to make 2011 the best year ever for The College Solution! I know 2011 was my best year because I use Google Analytics to keep track of how many people visit my college blog. Now that we’re in...
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December 30, 2011
Avoiding 10 Common FAFSA Mistakes
FAFSA season begins on Sunday. New Year’s Day is always the first day that parents can file the Free Application for Federal Student Aid. While it’s been simplified in recent years, the FAFSA still isn’t what I’d call a user friendly document and it’s easy to make mistakes. Paula Bishop, a CPA friend of mine in Bellevue, WA., who fills...
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December 15, 2011
Searching for the True Price of a University
There are many websites that you can research the financial aid practices of individual schools. Today I’m going to focus on an especially helpful site — the federal College Navigator. The College Navigator is not flashy, but it contains incredible tools that tap into the US Department of Education’s vast college database. The College Navigator provides information on individual schools...
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December 13, 2011
Measuring the Generosity of Colleges
In my last post, I promised to share some resources that can help you evaluate the generosity of colleges and universities. If you missed it, here is that post: Sniffing Out Financial Aid Awards Today I’m going to focus on the College Board’s website, which is a quick and easy resource for anyone interested in getting financial aid statistics on...
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December 12, 2011
Sniffing Out Financial Aid Awards
This week I’m going to focus on some financial aid nuts and bolts. I want to address one of the questions that puzzle families the most: Will a college award my child any money? Most parents have no clue how to answer this question. In fact, they usually don’t find out if a college is willing to kick in some...
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December 7, 2011
Should I Hide My 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 received 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 salient...
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December 1, 2011
Differences Between Need-Blind and Need-Aware Financial Aid Policies
This is the time of year when parents begin agonizing about whether they should apply for financial aid. They wonder if filling out the FAFSA and, if applicable, the CSS/Financial Aid PROFILE, will hurt their chances of getting admitted. If you think you’re going to require financial aid, you should always apply for assistance. For the majority of students, their...
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