All About FAFSA Deadlines

When it comes to completing and submitting the FAFSA, you have to be super careful about every little aspect, especially the deadlines. Filling in wrong information may render your application invalid and if you miss the deadline, you can be sure that it will not even be accepted. To make it even more complicated, you …

FAQs about the FAFSA

It’s that time of year again! The 2018-19 FAFSA form recently was released for application, and students and parents nationwide are poring over every line of the form. Of course, with the complex way the form is framed, questions are going to pop up. Here’s a quick beginner’s guide to the FAFSA, answering some of …

What Are Financial Aid Refunds?

Financial aid refunds are refunds that are given to students when the amount of loan given to a student is more than what the student needs for the cost of education. Here’s how it works. The FAFSA and Financial Aid Packages After you submit your FAFSA, you will receive a financial aid award letter. This …

How Divorced Parents Affect Student Loans

A common proverb reminds us that half of marriages end in divorce. To be more exact, approximately 42% of married couples are divorced. It should be noted that the divorce rate for couples without children is 40% higher than those with children. It’s often said, for good reason, that divorce is hardest on the children. …

What Is “Gapping” In College Admissions?

Gapping is a term associated with the financial aid awarded to students. When the financial aid award offered by a college does not meet a student’s full financial need, this shortfall is referred to as a “gap”. Typically, the balance you get after subtracting your Estimated Family Contribution or EFC from the total cost of …

Scholarships vs Grants: The Similarities And Differences

There’s no doubt that scholarships and grants are the best way to pay for a college education. You often hear the two lumped together when reading or talking about financial aid—but how exactly are they different? How are they alike? How Scholarships And Grants Are Similar Scholarships and grants are both free money that are …

Use Summertime to Search for Financial Aid Opportunities

Summer is a great time to relax, catch up on your reading list, play a few video games, or take on a part time job. Before college starts up again though in the fall, you may want to consider using this time to expand your search for financial aid. Here are a few things you should …

How To Find A Relevant Work-Study Program

Work-study programs help students with financial need earn money that can be used towards their college education. These work-study programs offer undergrad and grad students part-time jobs while they are attending college. The program tries as much as possible to offer students work that is related to the program that they are enrolled in. The …

A Breakdown Of The Student Aid Report

The SAR or Student Aid Report is a detailed document full of abbreviations and numbers. Making sense of it all can be challenging, especially for those who are seeing one for the first time. This short breakdown aims to simplify this document so you can better understand the SAR. EFC EFC stands for Estimated Family …

What Is Your Student Aid Report Telling You?

The SAR or Student Aid Report is a document you will receive after you have submitted your FAFSA application. This document is based on your answers to the questions on the FAFSA and includes information regarding the type and amount of financial aid that is available to you from the federal government and the schools …