Cost Of College Education To Parents

I found this article worth posting because states that there are proposed changes in the financial aid process. One of them would allow parents and students to complete the FAFSA using information from two years earlier so they can file it in the fall which would allow them to see how much they would have to pay in the following year earlier. I don’t see this happening for many reasons. I always advise my clients to apply to lower price schools as a backup. I do concur with the author that parents should discuss as much as possible with the student regarding the true cost of their education and the debt they will incur.

Cost of student loans can haunt parents, too
Des Moines Register

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Media Ranking Of Colleges Effects Financial Aid

There is now a move by many, including colleges, that want to drop the use of SAT or ACT Scores in admissions known by some as “test blind”. Makes sense to me for many reasons. In addition, the cost of education has risen dramatically over the years and continues to do so. There are many […]

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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 […]

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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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