Posts Tagged ‘financial aid’
FAFSA changes for financial advisors
Check out the following video from College Inside Track President Chris Wills providing a helpful overview of the new changes to the FAFSA that financial advisors need to know about, as they will require new planning strategies for many clients
Read MoreInsider tips for the week of August 8, 2022
Important financial aid info – College Inside Track’s Jay Benanav provides answers to important financial aid questions. Take a few minutes to read his advice. Test optional update – CIT Consultant Tiffany Kolb discusses what families need to know now about the test optional path in college admissions: Important takeaways from the most recent application…
Read MoreScholarship reduction – The dirty little college secret
Would you ever consider a scenario where the scholarships your student won actually resulted in a scholarship reduction elsewhere? One of the students we work with, whom we’ll call Caitlyn, was a dream that every parent (and counselor) hopes for: kind, bright, studious and incredibly engaged in the college process. In addition to having nearly…
Read MoreInsider tips for the week of September 6, 2021
Mission drives admission – Rick Clark writes a wonderful piece explaining why certain students get admitted when others don’t, and encourages students to consider what their mission in admission is before applying anywhere. An important read to share and discuss with your student. Why undecided is a great college major – Dr. Deborah…
Read MoreFAFSA change for families with multiple students
At first glance, the recent changes to the FAFSA appear to be a good thing: A simpler form with far fewer questions, increased financial aid eligibility for low income families, and a formula change reducing any penalty for grandparents who contribute to college. But another formula change could prove to be extremely painful to…
Read MoreUnderstanding the College Financial Aid Award Letter
College Inside Track’s Cozy Wittman was recently featured in the Journal of Financial Planning, discussing ways to create transparency for families in the college funding process and better understanding the college financial aid award letter. Cozy explains in detail the college financial aid award letter, tips after receiving it, elements of good and bad…
Read MoreHelping Families Save Money on College
CIT’s Chris Wills was featured on the WCCO Sunday morning show discussing strategies for families to save money on college.
Read More4 last-chance financial aid strategies for parents
Now that the FAFSA uses tax return information from two years before a student’s high school graduation year, families of current HS juniors (2022 grads) will use tax information from 2020 when they complete their first FAFSA in the 2021-2022 school year. This is a huge deal because whatever those families are doing (or not…
Read MoreTop strategies to help grandchildren with college
With the holiday season approaching, there is a terrific way grandparents may want to consider spoiling their grandchildren. Today’s retirees have accumulated wealth at unprecedented levels and combined with the rising cost of college, many now are taking advantage of an opportunity to provide a legacy of education to their grandchildren. However, without understanding the proper…
Read MoreTips on the 6 trickiest FAFSA questions
The FAFSA is a quintessential government form, meaning it isn’t always as easy to understand as it should be. And with over 100 questions to navigate, far too many families make mistakes that are unnecessarily costing them money. Money Magazine compiled the following tips on how to tackle the 6 trickiest questions: Questions 24 and…
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