The College Solutions Blog

Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.

EFC
February 22, 2011

My College Video – Check it Out!

I’m trying something different today. I have posted a college video of myself talking about the importance of the Expected Family Contribution. Riveting stuff! If you don’t know what your EFC is, you really should find out now! FYI, I plan on posting college videos on various topics on a regular basis....
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January 4, 2011

Dubious Financial Aid Advice: Hiding 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 got yesterday 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...
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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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September 13, 2010

Calculating 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 EFC? Today, I’m going to show you how you can get a preliminary EFC, which is not as hard as you might think. You just need to use an online EFC calculator. Here...
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September 12, 2010

What is Your EFC?

Do you know what the term Expected Family Contribution or EFC means? Most of you probably don’t so I’m going to devote the next couple of blog posts to explaining what an Expected Family Contribution or EFC is and why it’s so incredibly important. If you file for financial aid, you will obtain your EFC, but I think you should...
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1
August 25, 2010

Case Study: Applying to William and Mary College Early Decision

It’s still summer, but I’ve already gotten my first question about early decision. I thought I’d share the question posed by a mom, lets call her Susanna, whose daughter wants to apply early decision to William and Mary College in Williamsburg, VA. If you don’t know what ED is, here is the definition of early decision. This is the mom’s...
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August 16, 2010

Cutting the Cost of College for the Wealthy

I had a mom email me today who has been doing her homework this summer. Specifically, she’s been reading my eBook, Shrinking the Cost of College: 152 Ways to Cut the Price of a Bachelor’s Degree, in the hopes of making college more affordable for her family. After I emailed her back, I thought I’d share what I told her...
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June 30, 2010

Looking for Private Colleges That Use the FAFSA

Thought I’d share my response to a message that I received today from a mom, who was interested in finding private colleges that just use the Free Application for Federal Student or FAFSA. Here is Patrice’s question: Is there a way to determine which private colleges use the FAFSA method for financial aid?  I would like to focus in on...
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June 23, 2010

College Choices for Teens of Divorce

During my last two college blog posts, I’ve examined a couple of college case studies. In yesterday’s post, I looked at some possible colleges choices for Lucienne, a brilliant student out here on the West Coast: College Case Study: Great Colleges for a Smart Girl In the first post, I introduced John, who aced his SAT test, but only recently...
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June 22, 2010

College Case Study: Great Colleges for a Smart Girl

In my last post, I shared two case studies of high school seniors who are wondering what colleges they should apply to in a few months. Here’s my previous post: 2 College Case Studies: Where Should These Teens Go to College? Today, I want to share some of the issues that Lucienne and her parents face. I don’t think any...
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