The College Board

Diane Stemper, Executive Director of Financial Aid at The Ohio State University, returns today with the second of a two-part post on comparing financial aid awards so that students and their families can be wise consumers and better understand what they are being offered and signing on for. Yesterday Stemper laid out the vocabulary and content of financial aid award letters along with a step-by-step plan for comparing aid awards. You can see Part One of Stemper's post here. Today, she has more advice for students and families on understanding aid awards as smart consumers, as well as guidance for interacting with financial aid offices and a resource list for tools that can help families in the comparison process.

Be Aware:

·         Colleges may state they meet “full need” – sounds great, but how much of that is loans?

·         Are parent loans listed as part of the financial aid award?  If so, it may look like you have sufficient financial aid to meet your costs, but part of this could be debt that your parents are incurring on top of your own student loan debt.

Laura Stewart, our March Counselor of the Month, had both a unique opportunity and challenge when she joined the college counseling program at Ensworth School, an independent college preparatory high school in Nashville, Tennessee. For 46 years -- since 1958 -- the school had served only elementary and middle school students. Then, in August, 2004, Ensworth added grades 9 through 12, opening the new 127-acre Devon Farm campus one month after Stewart joined the school as Assistant Director of College Counseling.

Over the next five years, Stewart rose to become Director of College Counseling -- in 2009, one year after Ensworth School graduated its first senior class. As a result, she has had the opportunity to participate in building a counseling program where there were no preconceived ideas. As Director, she has been able to establish policies and procedures that reflect a philosophy with her own creative stamp and then watch the program grow. "It's hard for me to imagine being anywhere else because I've been so fortunate to get to do what I want," says Stewart.

Paying for college is a concern for most families. This is the second installment in a monthly series for seniors on what you should be doing with regard to financial aid, written by college advisor Alice Kleeman. Remember, while in most families it is up to the parents to provide the bulk of the money for college costs to the extent of their ability to pay, it is the student who applies for student aid. Read, save and use these monthly reminders!

          *             Check with your high school about the availability of informational sessions on financial aid or      scholarships at your school or in the surrounding community.

          *             Never pay a fee to locate financial aid or scholarship information. Beware of scams. You may see offers of help in obtaining financial aid or scholarships in the mail, on the Web, and in magazines. Some of these are legitimate. Others are not. Avoid any organization or service that either guarantees a reward or charges a fee for completing the FAFSA or applying for or receiving a scholarship. Information on legitimate financial aid and scholarships is easily available at no cost at:

                      • FAFSA

                     • The U.S. Department of Education

                     • College Goal Sunday

Elsa Heydenreich Clark is the Director of College Counseling at Immaculate Heart High School in Los Angeles, California, a private Catholic college preparatory school for 555 young women in grades 9 through 12.  A graduate of the University of Southern California, Clark also holds a Master of Science in School Counseling from California State University, Los Angeles.

Since 1988, Clark has counseled juniors and seniors at Immaculate Heart, a unique institution with a storied history in Los Angeles. Founded in 1906, today the school ‘s student body includes many who are the daughters and granddaughters of graduates. It is also known for its diversity, reflecting the demographics of the Los Angeles population — two-thirds of those attending are students of color and many are first generation.