US Department of Education

Seniors: Apply, apply, apply… for financial aid!

Posted on Tue, 01/21/2014 - 11:02

The single biggest mistake families make in the college application process is failing to apply for financial aid. So, apply! Even if you think you won't qualify, apply. You may be pleasantly surprised. And sometimes you need to apply for federal aid to receive state aid or merit scholarships.

How do you apply? The FAFSA is required for any student seeking federal and state financial aid, including grants and loans at all colleges in the country.   It can seem complicated, but there is help available -- and it's free.  One of the best resources is College Goal Sunday, an information program that brings together financial aid professionals from colleges and universities along with other volunteers to assist college-bound students and their families complete the FAFSA (Free Application for Federal Student Aid).  Calendars for their national programs, as well as state-by-state events can be found at their website here.

Financial Aid Checklist: Part I

Posted on Thu, 11/21/2013 - 10:54

Paying for college is a concern for most families. But the single biggest mistake families make in the college application process is failing to apply for financial aid. Even if you think you won't qualify, apply. You may be pleasantly surprised. Today, we're pleased to bring you Part I of a checklist of tasks you should be tackling right now to pay for college, courtesy of College Advisor Alice Kleeman. Use this checklist to make sure you are eligible for ALL the aid you may qualify for.

College Reality Check: Some Experts Weigh In On The Latest Tool for Families

Posted on Thu, 05/30/2013 - 09:25

There's no shortage of information when it comes to researching colleges -- guidebooks, email, college fairs, blogs, YouTube. In fact, there are so many new sites and tools -- College Score Card, the Consumer Financial Protection Bureau and their Shopping Sheet (this is a sample) -- that it can be hard to know what’s useful and what’s not. One of the newest tools on the table is College Reality Check, brought to you by a partnership between the Chronicle of Higher Education and the Gates Foundation. With 3600 colleges in its database, the tool aims to allow users to see how these institutions fare with regard to net price, graduation rates, debt rates and more.

We're big believers in information -- that is, good information. So we asked a group of college admission deans and high school college counselors to share their initial thoughts about the value of College Reality Check and how families can best employ the data this new tool provides. Read on to take advantage of their bird's eye view of this newest source of information:

Seniors: Beware of financial aid scams

Posted on Tue, 01/22/2013 - 19:36

 

Applying for financial aid can be complicated, and the stakes are high. You may have received offers of help in the mail or see them on the Web and in magazines. Some of these are legitimate. Others are from individuals or companies trying to make money off unsuspecting students and parents. Beware of come- ons like these:

• “This scholarship is guaranteed or your money back!”

• “Attend our seminar to understand how to get more financial aid.”

• “We guarantee you’ll get aid.”

• “The scholarship requires a small fee.”

Never pay a fee to locate scholarship or aid information. And 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 

• The College Board 

• Fastweb.com 

• FinAid

• Your local library

• Your high school college counseling