Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
July 28, 2016
10 Things You Need to Know About Expected Family Contributions
One of the biggest questions that parents with college-bound children puzzle with is if their child has a chance for financial aid. This is more confusing than you might think because at some schools a family could qualify for need-based aid if they make $200,000 a year and at another school, the ceiling for aid could be $70,000. The first...
April 28, 2015
Your Crucial 1st Step Before Looking for Colleges
If paying for college is going to be a challenge, and it usually is, it’s important that you obtain your Expected Family Contribution before your begin looking at colleges with your teenagers. In fact, obtaining your EFC should be the FIRST STEP you take in the college process. Here is a quick rundown of what an EFC is, why it’s important, how...
May 13, 2014
A New Tool to Measure College Costs
Today I’m sharing with you a new online tool that you can easily use to generate quick cost estimates and comparisons at individual colleges. All you need is to start playing with the universal net price calculator that you’ll find on the website of the Cost of Learning. This new website aims to make it easy for families to retrieve...
July 12, 2012
A Wealthy Mom’s College Questions
I am sharing an email that I got this week from a wealthy single mom, who is anticipating her college costs for her twins. I comment on her situation below and I’d love to hear from you too. If you have any advice, please share it in the comment box below. Mom’s Email: Lynn, I just finished your new book, ...
October 13, 2011
How To Determine Your EFC
In my last blog, I talked about why it’s important to know what your EFC or Expected Family Contribution is. Here is the post: What Is Your Expected Family Contribution? Today, I’m going to show you how you can get a preliminary EFC, which is not as tough as you might assume. You just need to use an online EFC...
August 19, 2011
10 Great Ways to Shrink the Cost of College
How do you cut the cost of college? The best way to shrink college costs is to be an educated consumer. If money is an issue – and it almost always is – you need to evaluate schools to determine which ones are generous and which are stingy. Here are 10 ways that can help you shave significant dollars off...
June 17, 2010
10 Great Ways to Cut College Costs
How do you cut the cost of college? Recently I shared 10 tips on the first session of #CollegeChat, which is a live monthly conversation for teens, college students and parents on Twitter. I pulled all the tips from my new eBook, Shrinking the Cost of College: 152 Ways to Cut the Price of a Bachelor’s Degree. Here are the...