Now that the college application process is done primarily online, students now have opportunities to cast a wider net when it comes to applying to schools. The school information is at the student’s fingertips, providing them with readily available information on the roughly 5300 colleges and universities in just the United States alone. The most common way students will apply …
By Lighthouse Counselor Brooke Nowak – M.A. Financial Aid Award Letters: After a college accepts you, you’ll receive a letter that outlines how much the school will cost and what kind of financial aid package you’ll receive — including federal, state, and school sources. There’s no standard format for schools’ award letters, but they contain the same overall information. Here …
By Veronica Dagher As students’ college-acceptance letters arrive, their financial-aid award letters usually aren’t far behind. The letters detail the financial assistance each school is offering. However, not every school uses the same format, which often makes the award letters difficult to understand and compare. Here are seven common award-letter mistakes and advice from financial-aid experts on how to avoid …
By Troy Onink, Forbes Magazine Contributing Writer Many grandparents save for their grandchild’s college education using 529 college savings plans for good reason, but there is confusion about whether or not it will hurt the grandchild’s eligibility for college financial aid. The answer is that it depends, but even if it does it may not have a big impact. 529 …
