Some fat envelopes (college acceptance letters) have already arrived and many more will soon be mailed. While the congratulations may have died down, the reality of paying for next year’s college education has hit home with many families. There are two basic types of financial aid:     Continue Reading...

Q: How do I start the process? Get a copy of the FAFSA online at www.fafsa.ed.gov or by calling 800-433-3243 . You should also request a free copy of “The Student Guide: Financial Aid from the U.S. Department of Education.” Q: Is it really worth completing the FAFSA (Free Application for     Continue Reading...

If your child will be attending college next fall, you need to complete the FAFSA (Free Application for Federal Student Aid) anytime after Jan. 1. The FAFSA is a single comprehensive form used for state, federal and institutional grants. While not exactly a picnic on the college quad, it is also     Continue Reading...

Calculate the true costs of college, then compare offers. For many families, making the final college decision comes down to the financial-aid package offered by the institution. There is no uniform formula for aid packages; they differ in size and makeup. What you should look for An award letter     Continue Reading...

So you think just the neediest kids, the brainiacs and the jocks receive all the scholarship money? Wrong. “What most families don’t realize is that the most aid – whether it be in grants, scholarships or loans – goes to those who are savviest about applying for it,” says     Continue Reading...