The College Solutions Blog

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

Financial aid
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...
Read More
11
November 10, 2010

Will Saving For College Hurt Your Odds for Financial Aid?

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...
Read More
2
November 8, 2010

Should You Apply for Financial Aid?

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...
Read More
0
October 27, 2010

Qualifying as an Independent Student

I periodically get emails from teenagers, who are freaking out because their parents plan to contribute little if anything to their college education. Many of these kids are from affluent families, who could afford to kick in far more than they are planning. I don’t understand parents with good paying jobs who have no problem dumping the entire college expense...
Read More
5
October 18, 2010

Why High School Counselors Don't Know Much About College

I spent yesterday afternoon giving a workshop for some families about how they can increase their chances of finding wonderful schools for their teenagers while shrinking their costs at the same time. The parents, whose teenagers attend both private and public suburban schools in San Diego, were shocked that they hadn’t heard about any of the tools or advice that...
Read More
0
October 10, 2010

Should Rich Students Get Merit Scholarships?

Should colleges continue to give merit scholarships to rich students? The vast majority of colleges and universities in this country dispense money to rich kids through merit scholarships or grants. The higher-ed world isn’t proud of this practice, but it’s pervasive. I ended up talking about this phenomenon this weekend when I was visiting my daughter Caitlin, who is a...
Read More
5
October 6, 2010

8 Things High School Seniors Need To Be Doing Now

For high school seniors, it’s crunch time. Deadlines for college applications are looming, so it’s time to get focused. Here are 8 things seniors  need to be doing now. 1. Meet college reps. This is the time of year when admission officers are racking up frequent flyer miles as they meet with prospective students throughout the country. Contact colleges on...
Read More
1
October 4, 2010

Maximizing Financial Aid Awards

How do you maximize potential financial aid awards? Today I want to share with you a wonderful resource – TuitionCoach — that may be able to help you do just that. Until last week, you had to pay to use TuitionCoach, but not anymore. The site contains college funding videos, a library of financial aid resources and software that can...
Read More
0
September 15, 2010

Coconuts and College

I knew I was in a foreign country today when I looked outside my hotel window and saw a billboard that contained this message: Be health conscience. Eat a coconut every day. I’m in Jamaica, where I’ll be the featured (and apparently heavily promoted) speaker at a first annual college conference in Kingston. What could I possibly tell these Jamaican...
Read More
0
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...
Read More
4