Common Assumptions About Financial Aid

Lighthouse College PlanningUncategorized

1. College is too expensive for my family. College is expensive, but the average college graduate earns $1 more over a high school graduate during a lifetime. College is an excellent investment in the future. Using proven financial strategies, college can be a reality. 2. There is less aid available than there used to be. There is aid available and …

What is financial aid?

Lighthouse College PlanningUncategorized

Financial aid simply put is money to help pay for education. The aid comes from a variety of sources including the government, colleges and other loans. Some of the money needs to be paid back and some does not. Aid that does not need to be paid back includes grants and scholarships. Scholarships are primarily based on merit such ACT …

Should You Complete the FAFSA Form?

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Every family should complete the Free Application for Federal Student Aid (FAFSA) form in January of the student’s high school senior year. Regardless of family income and assets, there are federal and state entitlement programs for every student, the most common being the Stafford loan. Many colleges require the FAFSA form in order for the student to qualify for merit …

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