6 Tips to Determining if Your Financial Aid is a Good Offer
Evaluating financial aid packages can be tricky because they are not standardized. Schools use different formats when presenting awards to families and the terminology in these packages can be bewildering. There are ways, however, to determine which offers are the best. The bottom line is the extent to which the financial aid award lowers your actual out-of-pocket cost to attend the college. Here are six tips to help you evaluate financial aid awards. 1. Don’t assume that the cost of attendance is correct. Financial aid letters should include the school’s... Read The Rest →
New College Net Price Calculator: Understanding the Limits
Colleges and universities across the country must now mount net price calculators on their websites to enable students and their families to get a better idea of the costs of education. The calculators – mandated by the Higher Education Opportunity Act of 2008 – are designed to estimate the cost of attendance, net of loans and grants. But these calculators should be seen only as a baseline in determining your final costs, and it’s important to understand their limitations. Following are a few points to consider. • Don’t expect the... Read The Rest →
The True Cost of College Summary
Now in its second month, College Cash weekly seminar is continuing to build steam and a wonderful community of engaging people are creating a great weekly environment of learning and sharing with the knowledgeable host Jodi Okun. Jodi works each week to create a seminar that brings a wealth of tips and insider knowledge to the College Cash community. This week’s topic was the true cost of college – all those things that add up that aren’t included in the tuition that people are planning for and financing. Without including... Read The Rest →
#CollegeCash Chat #2 September 8, 2011
Wondering what is the #CollegeCash hashtag all about? Jodi Okun founded College Financial Aid Advisors (CFAA) to provide one on one service to parents going about the very complicated process of funding college for their children. Everyone wants the best education possible for their children but may not be able to finance it without assistance from a professional; this is where Jodi comes into the picture. Jodi has worked with prospective college students and parents from all over the country to help their dream of a higher education come true.... Read The Rest →