Nov
06
Determining financial aid is based on a family's "need." Need is determined by looking at a family's income and assets (and in some financial aid applications, expenses like medical bills). Families often think of real estate as an asset, but real estate can take different forms--the primary residence, a second...
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Oct
30
Do you know what is scary?! We’re not talking zombies, ghosts, or witches. We're talking scary student loans! How about these facts? The current outstanding student loan debt in the US is $1.676 TRILLION! The amount of student loan debt is rising about $2,858 PER SECOND! Only 41% of students...
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Oct
23
Today we welcome a guest post from our friend, Logan K. Philipps, Esq. Logan is a partner at Resch, Root, Philipps & Graham law firm in Dublin, Ohio. He and his wife, Molly, have three beautiful boys. Before going to law school, he taught fifth grade language arts and sixth...
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Oct
16
It's college application season! When it comes to deadlines, colleges throw around several terms for when the application is due--early decision, early action, regular decision, and rolling admissions to name a few. Some colleges get even more creative with terms like "restricted early action" and others. In this blog, we...
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Oct
09
FAFSA is open and ready to be filled out! This year, according to the U.S. Department of Education, fafsa.gov has enhanced help topics by providing images of the form along with relevant line numbers to help students navigate the form. Now let's take a closer look at the mistakes you...
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Oct
02
When families file for federal financial aid, they will complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is required at colleges to determine eligibility for federal grants, loans, and work-study programs. Some colleges use an alternate or institutional method for determining need and help them award non-federal...
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Sep
25
Every fall, we spend some time talking about the Free Application for Federal Student Aid or FAFSA. In 2018, applicants had a new way to apply--via their smartphones! The hope is that the FAFSA mobile app called myStudentAid will make the FAFSA more accessible to students who don't have a...
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Sep
18
When dependent students apply for financial aid whether via the FAFSA or CSS Profile, they will have to provide parental information as part of the process. Some questions can come to mind. What students are independent? When are they considered dependent? Who are the "parents"? What happens in situations like...
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Sep
11
The SAT exam was born in 1926 and the ACT in 1959. The ACT and SAT exams were created for the purpose of leveling the playing field in college admissions. Regardless of a student's background, these "standardized" tests were intended to provide a way to compare students...a sort of apples...
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Sep
04
Colleges were hopeful. They hoped to have students on campus and taking classes in person despite COVID-19. As we wrote this piece, some colleges are holding classes in person, but each day another college announces their classes will be moved to an online format. This list from The Chronicle of...
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