Is There A Best Way To Pay For College?

The article states that you should borrow the maximum amount of federal loans available because they have a lower interest rate than private loans. This is not always the case. Parents need to shop around and explore their options. However, some federal loans are subsidized and private loans are not. If a student receives a subsidized Stafford loan and they still show unmet need in their award, they should ask for Perkins loan consideration. Like Stafford, the Perkins is a good loan since it is subsidized. The reason you ask about Perkins is that many colleges will not offer it in the initial award. If you want to know more, contact our office for the bottom line.

Finding the best scholarships starts with filling out the Free Application for Federal Student Aid (FAFSA). Even if you don’t think your financial situation qualifies, many institutional scholarships are sourced this way.

Let our experts give you the chance of the highest available amount of financial aid for your student. Receive your complimentary consultation when you fill out our online form.

What’s The Best Way To Pay For College?
News Source: FOX News Latino

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Students, Parents And Paying For College

I always recommend my clients to involve the student in the financial aspects of their education. Many times I have parents tell me that they appreciated my advice on this. They find that the more responsibility the student has financially, the more they appreciate their education and don’t take things for granted. “Having the student […]

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12 Things To Do Before Going Off To College

We know it’s an exciting time. You’re about to move away for college. And while you’ve probably already done everything you need to do, you should double check. Sometimes we can forget something — minor or crucial — because we’re so excited, nervous, scared or in shock. Here are 12 things you should make sure […]

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College Financial Aid – Be Careful Who You Trust

I just finished reading an article on financial aid tips and noticed some misinformation. The article states that some high school guidance counselors and teachers will help you apply before you even graduate high school. There are a couple points to take notes on. Parents and students should never ever rely on these people regarding […]

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Same Sex Couples & FAFSA

When lawmakers first created the FAFSA, in 1992, no state recognized civil unions or domestic partnerships between same-sex couples, let alone the freedom to marry. Ten states and the District of Columbia currently confer the rights and responsibilities to same-sex couples—and that number increasing. Recognizing this changing landscape, the U.S. Department of Education announced a […]

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Interview With Randy Meyer WCCO Midday Show

Listen to my interview with Randy Meyer on the WCCO Midday Show.  I talk about the current state of financial aid for families, new ways to get grants, financial aid and other assistance. by

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Advice To Parents Financial Aid For College

Colleges have classes to fill and bottom lines to meet. Don’t forget that. “Parents need to treat this as a consumer purchase. They’re purchasing an education from the college,” said Ronald Ramsdell, founder of College Aid Consulting Services in Minneapolis. You need to learn as much as possible about a school, its benefits and its […]

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Appealing Your Financial Aid Award Letter

But being proactive with an appeal letter can get the committee to rethink its original offer, sometimes to the tune of an extra $11,000 annually, according to College Aid Consulting Services president Ron Ramsdell. Average results vary, but that is how much extra gift aid one of his clients was able to get for her […]

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Must Ask Questions About Your Financial Aid Package

“You want to get reassurances from colleges that you can count on the same generosity all four years of attendance,” said Ron Ramsdell, founder of Minneapolis-based College Aid Consulting Services. Getting the most from your financial-aid package by

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Why Work With A College Financial Aid Consultant?

“Parents can research this on their own, but it can take months,” says Ramsdell, who estimates that he saves families an average of $2,000 to $5,000 per year after appealing a financial aid offer. Do you need a financial aid consultant? by

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