The College Solutions Blog

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

Financial aid
September 27, 2011

Are Colleges As Generous to Upper Classmen?

When families look at financial aid packages they often assume that a school’s financial aid support will remain the same for four years. That, however, is a dangerous assumption to make. The financial support that some colleges and universities give students will shrink after their freshmen year. Bait and Switch? Why would this happen? I can’t speak for schools that...
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August 19, 2011

10 Great Ways to Shrink the Cost of College

How do you cut the cost of college? The best way to shrink college costs is to be an educated consumer. If money is an issue – and it almost always is – you need to evaluate schools to determine which ones are generous and which are stingy. Here are 10 ways that can help you shave significant dollars off...
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August 16, 2011

Why Saving for College Won’t Hurt Your Financial Aid Chances

Is your family going to qualify for financial aid? Many families I talk to assume that they won’t qualify for financial aid. Why are so many parents pessimistic about their chances for financial assistance? I think a lot of them assume that the money they’ve squirreled away in their college savings accounts will kill their chances. I find it ironic...
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August 15, 2011

4 Stubborn Financial Aid Myths

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...
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August 1, 2011

Bad College Advice: Readers Weigh In

I devoted my last two college blog posts to exploring why high school counselors fail so many students with their college advice. If you missed them, here they are: What’s Wrong With High School Counselors What’s Wrong With High School Counselors, Part II  I received many great comments regarding those posts and I wanted to share some today, as well...
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July 22, 2011

Can You Hide Your Home Equity From a College?

I’ve gotten a couple of questions lately about whether cashing out home equity and putting it into an annuity is a legit way of increasing a family’s chances of getting financial aid.   Consequently, I decided to share a post on the topic that I wrote earlier in this year in response to an email from a dad, who was interested...
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July 20, 2011

Who Will Pay What for College?

The majority of families end up borrowing for college. But when parents and teenagers talk about how they are going to divide up that responsibility, they rarely possess a good idea of what this debt burden is going to mean for them when the bills come due. That’s why I’m recommending a  tool from SimpleTuition, an aggregator of private student...
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July 6, 2011

Grandparents: Doing More Harm Than Good

It’s great when grandparents can help with college costs, but you don’t want their generosity to backfire. At a 4th of July party this weekend, I talked with a couple whose children’s college choices have, strangely enough, been diminished by grandparents money. Here’s what happened:  Years ago the grandparents gave each of the three children a significant amount of money...
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May 27, 2011

Measuring a College for the Right Fit

This week I’m sharing answers to questions posed by my blog visitors that I passed along to college admission officers who attended the annual conference of the Western Association for College Admission Counseling. Here are some answers: Question No. 1: What do admission officers feel are the three most important criteria points for a student and their family to look...
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May 26, 2011

Do I Dare File For Financial Aid?

A couple of days ago I asked my blog visitors to submit questions that I could direct to college admission officers at the annual conference of the Western Association for College Admission Counseling. Now I want to start sharing answers. The admission experts whom I talked to today came from such disparate schools as Colgate University, Carroll College, Chapman University,...
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