After diligently reporting their families’ financial information as accurately as possible in the FAFSA under the threat of a $20,000 fine and/or prison, high school seniors are anxiously waiting to receive their financial aid award letters. Now, even though each student’s family situation is different, applicants all completed a standard form for financial aid. Major financial factors such as loss of job or health issues have to be addressed in a separate letter to the financial aid office.
So why will the student probably receive financial aid award letters in as many formats as colleges applied to and often designed to deliberately mislead families on how much money they will have to pay?
If you have kids old enough for you to be thinking about the college admissions process and how you’ll pay for it, you also need to be thinking about how you’re going to compare colleges. Because the fact is that you’re going to be comparing lots of colleges, the sooner the better. You’re going to compare colleges when you decide which colleges to visit, which admissions reps to talk to at the college fair, which colleges to apply to, and which one to ultimately attend. So take this opportunity to consider the various ways you can actually compare colleges and their relative worth to your family’s situation.
(I’m taking a break from regular blogging and newsletters during the holidays. Hope you enjoy the DIY College Rankings version of the 12 Days of Christmas.)
(I’m taking a break from regular blogging and newsletters during the holidays. Hope you enjoy the DIY College Rankings version of the 12 Days of Christmas.)
(I’m taking a break from regular blogging and newsletters during the holidays. Hope you enjoy the DIY College Rankings version of the 12 Days of Christmas.)
(I’m taking a break from regular blogging and newsletters during the holidays. Hope you enjoy the DIY College Rankings version of the 12 Days of Christmas.)
(I’m taking a break from regular blogging and newsletters during the holidays. Hope you enjoy the DIY College Rankings version of the 12 Days of Christmas.)
(I’m taking a break from regular blogging and newsletters during the holidays. Hope you enjoy the DIY College Rankings version of the 12 Days of Christmas.)
