Financial aid case studies are examples of how College Aid Financial Services assists families in the United States and abroad attending college. Our client base consists of dual, single-parent households and international families, with some dealing with special circumstances affecting their financial aid eligibility.
Household incomes range from around $20,000 and extend into the six-figure amounts. Many of our clients have come to ascertain that they need professional assistance to maximize their financial aid, much like they seek out a professional tax preparer or financial advisor. Below are some examples of how we have helped clients increase their financial aid before and after examples.
Lower Income
Here is an example of our work for a student looking to attend Brown University. Before College Aid Consulting Services was hired, Brown University offered $7,628.00 in financial aid, scholarships, and grants. After this family retained our services, we were able to help them increase the financial aid, scholarship, and grant total to $26,858.00, a difference of $19,230.
Parents on the lower side of annual income are between $20,000 and $40,000, and some are single-parent households. For example, in this client’s situation, this parent lost his wife, was disabled, and had a low income. The student wanted to attend her dream school. After receiving the initial award, they thought that she would not attend her 1st school choice. After the school received our appeal letter, they responded with an additional $11,000 of gift aid for her first year in college.
Middle Income
One type of client our firm assists earns between $52,000 and $75,000 annually with multiple children in the household, many of whom end up attending a private college.
Unfortunately, many times, private colleges are not as magnanimous in the initial award as they could be. Since I felt the school could do better for this student, I drafted an appeal letter for the parents. The college then responded with an updated award that consisted of $3,000 more of gift aid.
Higher Income
Some of our clients have incomes in the higher six-figure range that may not initially qualify for need-based aid based on the formulas. In some of these instances, we may recommend to the client that we not file for aid in a given year and pursue aid outside of the process.
Contact us today for a complimentary consultation to see how we can help you obtain more financial aid.