| Albert Einstein, speaking from experience, once said, “A cluttered desk is a sign of a cluttered mind”…
And there’s no mind as cluttered as that of a parent who is about to embark on the path of college admissions with their dear child. SMytho, if in anticipation of filling out your FAFSA, your desktop is cluttered with financial documents like tax returns, W-2s, and banking statements, you’re on your way to being a genius…just like Einstein.
What will REALLY lead you to genius status in this process is the first of a three-part series by Robert Falcon titled, How FAFSA Calculates Your EFC. Here he explains what EFC actually means and how schools use it in determining how much financial aid you will receive.
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| | Need Help Finding Merit Scholarships?
"I am hoping I have missed some obvious place where I can do this....I am currently helping my DS make a spreadsheet that lets us compare schools on these basic variables--avg gpa, avg ACT, admissions rate, net price. I cannot do this on naviance, college navigator, niche, collegehunch or big future. Help! We have spent so much time manually entering information and are barely half way done. Is there some service that will let me do this painlessly? TIA"
If you're looking for a solution to help you organize all the data you need to do a thorough college search, then consider our College Data Spreadsheet(click to see a sample). It combines data from IPEDS (government data) and Common Data Set information in ONE place to sort, filter, and compare colleges the way you should to find affordable colleges and those that are generous with merit or need based aid.
Here's what one member said about the spreasheet...
"This is really worth it. The amount of time saved makes it so worth the money. I can't even tell you how many times I've gone back to the master spreadsheet and now I've made scaled-down ones with just the colleges that are still in the running with just the data we find most important for both my daughters."
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| | | YOUR LOAN HAS BEEN APPROVED - NOW WHAT HAPPENS?? |
| Tony Soprano’s myth #umpteen about the student loan process: Once you’ve been approved, you can sit back and fuggedaboutit.
Sorry Tony, and anyone else who thinks the same thing, there are still things you AND your student should know and keep up on when it comes to borrowing and borrowers. Keith Babich, Director of Student Relations at CommonBond Student Loans recently sat down with us to discuss things that everyone who has or is considering a loan should know in Borrowing Student Loans For College? What You Need to Know. |
| | STILL IN NEED OF A STUDENT LOAN? CHECK OUT THESE LENDERS..... |
| | | QUESTIONS ABOUT PAYING FOR COLLEGE?
QUESTIONS ABOUT PAYING BACK STUDENT LOANS?
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If this newsletter no longer fits your needs, consider receiving our new newsletter, focusing on financial issues related to students currently in college or recently graduated. Sign up here. |
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