The College Solutions Blog

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...

March 9, 2010

This is my second post on deciphering college financial aid packages. Yesterday, I explained what sort of federal financial aid assistance you might find in your financial aid award. How To Decode a Financial Aid Letter Today, I’m going to cover the types of college grants that parents typically find in a financial aid letter. College Grants Many families believe...

March 8, 2010

It’s the college financial aid season. Some parents are still struggling to complete their financial aid application, while others are just beginning to receive 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...

March 3, 2010

Will your family qualify for college financial aid? I bet you that most parents think they won’t qualify for financial aid although most will. Here’s a shocker: even families that make $150,000 or even $200,000 may qualify for close to $25,000 in financial aid at very expensive schools. In the college admission process, financial aid misconceptions can easily punish families....

February 26, 2010

It is hard to qualify as an independent college student when seeking federal financial aid. I wrote about this big hurdle recently in this post: Getting Financial Aid as an Independent Student Yesterday about four dozen students posted passionate comments on my blog after Chegg, the giant online source for textbook rentals, carried a post that I wrote earlier this...

February 23, 2010

I heard today from a dad named John, who got Rutgers to quadruple the academic scholarship that it is offering his daughter. After hearing from John, Rutgers scotched the original $10,000 scholarship and replaced it with a $40,000 college scholarship instead. How did he do it? It was simple. On February 17, John sent an email to Rutger’s undergraduate admissions...

February 9, 2010

What schools offer the best college financial aid? Last month, I wrote this post: 51 Colleges With the Best Student Financial Aid. Please take a look at the list because it includes schools with awesome financial aid policies that will reduce your stress about how you will pay for college. Researchers from the University of Pennsylvania and Amherst College assembled...

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 27, 2010

I want to follow up on yesterday’s post that explained why saving for college almost never hurts a family’s chances for student aid. Yesterday I shared a chart that illustrates how colleges allow families to shelter a large chunk of their savings from FAFSA financial aid calculations. You can see the FAFSA chart by clicking on this link: 2 Biggest...