(This article originally appeared on DIYCollegeRankings.com) In July of 2015, the United States government finally gained control of the FAFSA.com website. Until then, the website was owned and operated by Student Financial Aid Service, Inc. which charged students to complete the Free…
Paying for College 101
(This article originally appeared on DIYCollegeRankings.com) Everyone knows the cost of higher education is spiraling out of control. Did you know that the cost to apply to college has reached equally outrageous levels? Applying to US News Top Ten National…
What does it mean? Most colleges do not consider home equity when calculating financial aid. These colleges only require students to submit the FAFSA financial aid form. The FAFSA does not ask for home equity information. Some colleges do consider…
(This was originally posted on DIYCollegeRankings.com) There are two major delusions/misconceptions about paying for college that too many parents have. The first is that by not saving for college, parents claim this will make their kids eligible for more financial…
What does it mean? Preferential financial aid describes a financial aid package that indicates the college really wants the students to attend. These packages provide a combination of financial aid that minimizes self-help aid such as loans and while maximizing…
There is one way to avoid paying for college-don't go. With all the emphasis on going to college, this seems unthinkable. And when you compare the lifetime earnings of college graduates to those who only have high school diplomas, it…
(This post originally appeared on DIYCollegeRankings.com) Everyone knows that the college has become expensive but just applying to them can set you back a nice chunk of change as well. Application fees are hitting $100 for some institutions. Think about…
(This post originally appeared on DIYCollegeRankings.com) In case you haven’t heard, the Free Application for Federal Student Aid (FAFSA) became available on October 1st this year. That means that it’s time for high school seniors to fill out the FAFSA.…
What does it mean? Colleges provide Net Price Calculators (NPC) so that students can estimate their cost of attendance based on their financial status. Colleges are required to provide an estimate based on the what other students have paid with…
Most low income students shouldn’t count on financial aid to pay completely for college. The number of colleges in the country that meet 100% of financial need is less than 100. Out of over 1,500 four-year institutions with 500 or…