Lynell Engelmyer

A unique financial situation shouldn't stop you from receiving financial aid
financial aid

Financial Aid and Unique Family Circumstances: How to Let Colleges Know About Your Financial Situation

The Free Application for Federal Student Aid is the federal government’s attempt to put every American family on a level playing field in an effort to award aid fairly. What happens, however, when the FAFSA does not adequately allow you to express your family’s unique financial circumstances? For example, the FAFSA asks you to submit …
Sources of student financial aid
financial aid

Where Does Financial Aid Come From?

Once you hit send on those financial aid applications, what happens next? Money doesn’t suddenly fall onto your doorstep, so where does it come from? In being a good consumer, it is good to know this information. Where do financial aid dollars come from? There are 4 primary sources of financial aid: Federal Government State Government …
how much is college
financial aid

Guide to College Financial Aid

The financial aid equation You can run but you cannot hide. It’s time to face the finances. Before you get into the details of how and when to apply, it’s important to have some basic understanding of how the system works. I promise that it’s not as gruesome as you fear. In fact, the underlying principle …
College Tuition List
financial aid

Paying for College: Grants, Scholarships and Loans

Paying for college You need to understand the difference between sticker and net price before understanding how paying for college works. The amount left after you factor in merit and talent scholarships for the college, need-based aid from the college, and any federal grants for which the student may qualify is your net price. It …
Graphic shows that a college's net price is calculated by subtracting gift aid - scholarships and grants - from the total stick price. College costs add up.
affordability & college cost

College Costs: Net Price vs. Sticker Price

Someone once accurately explained college pricing and financial aid with this anecdote: You live in the Northeast quadrant of the United States. The temperature outside could be displayed on one hand on any given day in January. Your little brother just dumped a quart of yellow paint on your winter coat—meaning you need to buy …
college cost per year
affordability & college cost

College Costs: The 4 Parts of College Costs

How much does college cost? This seems like it should be a reasonably simple question with a straight forward answer. However, that is not nearly the case. In fact, there are at least 4 answers to this question about college costs. Understanding them is important in being a good consumer. 1. Tuition and Fees The …
how much is a college education
financial aid

Applying for Financial Aid: Completing the FAFSA and CSS Profile

You’ve no doubt heard horror stories about how difficult the process of applying for financial aid can be, especially with FAFSA and CSS. Applying for college financial aid certainly won’t be the most fun you’ve ever had. However, the process can be much more manageable by breaking it down into finite steps. EVERY college will …

Subscribe to Our Newsletter

Join thousands of students and parents learning about finding the right college, admissions secrets, scholarships, financial aid, and more.