The College Solutions Blog

August 15, 2011

I think the most misconceptions that people have about the college process revolve around financial aid. With the college admission season about to head into high gear, today I want to share the four financial aid myths that are probably the most common. Here are four of the most stubborn financial aid myths. 1. I make too much money to...

April 20, 2011

I got a question this week from a mom about grandparent contributions to college. It’s great to have generous grandparents who want to help with college costs, but you don’t want any gifts to backfire. Here are five things to keep in mind when grandparents want to help with college: No. 1. If your family isn’t going to qualify for...

April 20, 2011

I’ve been writing posts for this college blog since the summer of 2008 and I figured I’d written about every topic imaginable, but there was at least one that I had overlooked. Even though plenty of parents are worried about it, I had never addressed this issue:  If a student has a job will this hurt his or her chances...

April 4, 2011

In the financial aid process, many schools treat students with divorced parents differently. As someone who has been married for more than 26 years, I don’t think this is always fair, but it’s the reality. Today I’m going to illustrate how schools can treat families of divorce differently by using the story of a girl, who I’ll call Sophia. Sophia...

March 1, 2011

It’s the college financial aid season. Some parents are still struggling to complete their financial aid application, while others are receiving their financial aid packages in the mail. Once you receive a financial aid award, the challenge is to decipher it. I’m going to help you master these financial aid letters by looking at the scholarships, grants and loans you’ll...

February 4, 2011

Thought I’d share my response to a message that I received 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 those...

January 3, 2011

Of all the myths swirling around the college admissions process, the ones involving financial aid myths are probably the biggest whoppers. Financial aid misconceptions can easily hurt families, which is why parents with a working knowledge of financial aid will often have a greater chance of capturing price breaks. With the latest financial aid season just beginning, here are four...

December 8, 2010

I’ve been getting emails about home equity and financial aid. Consequently, I decided to run a college blog post that I wrote last year on the topic: Before the housing bubble burst, plenty of parents worried that their home equity was going to scotch any chance of receiving college financial aid. Even in this environment, it’s still going to be...

December 6, 2010

This is the time of year for parents of high school seniors to start thinking about applying for financial aid. Many families have heard of the FAFSA, but they don’t know what it was. Families need to complete the FAFSA to be eligible for state and federal grants. You also can’t obtain a federal student loan without filling out a...

November 28, 2010

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...