The College Solutions Blog

November 10, 2010

Is your family going to qualify for financial aid? Many families that I talk to assume that they won’t qualify for financial aid. Many believe that the money that they’ve stashed in their college savings accounts will kill their chances. Stressed Out Dads It’s been my experience that it’s usually dads who get stressed out about how colleges will treat...

November 8, 2010

Are you wondering if you should apply for financial aid? For most families, the answer will be yes.  You should file for financial aid. Here are three key reasons why families of any income level should apply for aid by completing the Free Application for Federal Student Aid: 1. The FAFSA is free. The FAFSA won’t cost you anything but...

August 25, 2010

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...

June 30, 2010

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...

March 25, 2010

I heard this week from the mother of a college freshman at a private college in Texas, who posed this question: Is there any possibility of the school renegotiating my son’s scholarship if we made less money in 2009?  Do most schools give money on a year-to-year basis? Let me explain why the answer to both questions is yes. First...

February 5, 2010

What if you make a mistake on the FAFSA form? I was asked about  FAFSA errors this week when I was in Florida giving speeches about college strategies. A man in the audience confided in me that he believed he had made a mistake on his FAFSA application. After listening to my presentation, the father of five children realized that...

January 31, 2010

6 Reasons to File the FAFSA Should you file the FAFSA? Here’s my answer for just about everybody, including myself: Absolutely yes. I admit it’s not fun to complete the FAFSA, which I am going to do today. If it’s any consolation, the FAFSA is easier to fill out than the CSS/Financial Aid PROFILE, which I am also tackling today....

January 26, 2010

Are you worried that saving for college will ruin your chances for financial aid? Relax. Parents who save for college are almost never penalized in student financial aid considerations. In fact, only about 4% of families who complete financial aid forms are penalized for their savings. Here are the two biggest reasons why saving money shouldn’t hurt your financial aid...

January 18, 2010

It’s FAFSA season, which is why I’ve been bumping into parents who are grumbling about filing out the Free Application for Federal Student Aid. It’s no wonder that parents grumble. The FAFSA isn’t a user friendly document and it’s easy to make mistake. Paula Bishop, a CPA friend of mine in Bellevue, WA., who fills out a lot of FAFSA...

January 12, 2010

Need help completing the FAFSA, otherwise known as the Free Application for Federal Student Aid? I can sympathize with you. I’m filing out the FAFSA application myself this year and some of the schools that my son Ben is applying to have financial aid deadlines as early as Feb. 1. If you’re struggling with the FAFSA form or CSS/Financial Aid...