Financing College Archives - College Inside Track

The COVID relief bill passed at the end of 2020 also included some significant changes to the FAFSA. While the changes do not go into effect until the 2023-24 school year, that year’s FAFSA will use tax information from 2021, so there are current day considerations. And because the FAFSA is completed each year…

Liar, Liar, Pants on Fire – In our new “Liar Liar Pants on Fire” series, College Inside Track consultants debunk some of the claims we’re hearing about college admissions. We would love to address some that YOU’RE hearing, too! Tell us yours in the Comments section. We will respond with specific and factual info,…

A simple way to start the college conversation with your teen – Bestselling author Jacques Steinberg and Eric Furda, dean of admissions at UPenn, have developed a practical exercise for parents and students to undertake together. They recommend using simple index cards to begin the process of looking inward at the specific attributes of…

When you get the text “I don’t feel well…” – Scott Sager writes about the challenging moment parents of college students face of not being right around the corner anymore when your son or daughter is sick. Check out his 5 suggestions in the moment and 4 recommendations for the next time your student…

3 new paying for college strategies in the COVID-19 world – COVID-19 has massively disrupted the college planning process, which has created new opportunities for families to potentially reduce their cost. Check out 3 new college financial planning strategies to consider (as always, please consult with a financial professional to determine if any are…

COVID-19 has massively disrupted the college planning and paying for college process, which has created new opportunities for families to potentially reduce their cost. Here are three new college financial planning strategies to consider (as always, please consult with a financial professional to determine if any are a fit): Take advantage of low…

In the wake of the COVID-19 pandemic, the government has suspended all federal student loan payments through September 30, 2020. Here’s what you need to know: No interest will accrue on your federal student loans through Sept. 30, 2020. Your federal student loan balance doesn’t change unless you make payments, meaning…

College savings cheat sheet – Financial aid guru Mark Kantrowitz shares some tremendous advice with Katie Couric on how parents can best approach the financial aspect of college. Among my favorites: Parents overestimate eligibility for merit aid, underestimate eligibility for need-based aid, and aren’t aware that most colleges meet financial need with loans, not…

The Setting Every Community Up for Retirement (SECURE) Act signed into law at the end of 2019 includes two significant college planning changes that families need to know about. 529 Plans can now be used to repay student loans Previously, 529 Plans could be used for qualified college expenses and $10,000 annually of…

Community service scholarships reward you for helping others. It’s a nice way of doing well by doing good. In addition to the resources listed below, students who are involved in volunteering and community service should ask whether there are any awards available at the location where they perform their community service. It is quite common…

Financing College

FAFSA changes

Insider Tips for the week of May 4, 2020

Paying for college – 3 new strategies

Federal Student Loan Payments Suspended Through Sept. 30

2 valuable college planning changes in the SECURE Act

Community Service Scholarships