financial aid

Where Does Financial Aid Come From?

By Lynell EngelmyerLast updated on December 22, 2022

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 …

financial aid

Guide to College Financial Aid

By Lynell EngelmyerLast updated on December 22, 2022

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 …

financial aid

Paying for College: Grants, Scholarships and Loans

By Lynell EngelmyerLast updated on December 22, 2022

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 …

financial aid

Applying for Financial Aid: Completing the FAFSA and CSS Profile

By Lynell EngelmyerLast updated on December 22, 2022

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 …

financial aid

Commonly Asked FAFSA Questions

By College Raptor StaffLast updated on November 25, 2024

The Free Application for Federal Student Aid (FAFSA), is an application that all students planning to go to college should complete. Below, we’ll do a quick review of what the FAFSA is and answer some of the more commonly asked questions. Here’s your FAFSA FAQ! What is the FAFSA? The FAFSA stands for the Free …

questions & answers

Why Do Private Colleges Appear to be So Much More Expensive than State Colleges?

By Olivia PittmanLast updated on July 28, 2023

While you’re looking for colleges, of course you’re also looking at the cost. After all, you want to make sure you can afford attending the school. The average sticker price for an in-state resident at a public college was $18,391 in 2012. That’s almost $12,000 less than the average sticker price for private colleges. What …

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How Do Students Afford Colleges Like Harvard or Stanford?

By Olivia PittmanLast updated on December 22, 2022

How Do Students Afford Colleges That Are Very Expensive? – College Raptor Q&A For the 2014-15 school year, the published costs of attendance at Harvard and Stanford are approximately $65,000 and $62,000, respectively. These numbers can easily be discouraging for those who want to afford colleges, especially for students from low-income families. Even students who …

financial aid

Can I Get Financial Aid?

By Olivia PittmanLast updated on December 22, 2022

Over 80 percent of college students met some financial aid eligibility criteria and received financial assistance during the 2011-2012 school year. This means there is a good chance you can get financial aid. You may think that the only way to get financial aid is to be extremely smart or a stand-out athlete. But most …

questions & answers

How does the FAFSA Work?

By Hilary CairnsLast updated on November 25, 2024

The Free Application for Federal Student Aid, or FAFSA, is an application that all students planning to go to college should complete! So, how does FAFSA work? It’s designed to hand out federal student aid to students who need it most, but there are other benefits of completing the FAFSA – even if you think …

questions & answers

The Rising Cost of a College Education: What Tools Exist to Reduce Future Financial Burden?

By William StaibLast updated on December 22, 2022

Much has been made of late about the rising cost of higher education.  And with good reason.  Over the last three decades, college tuition has far outstripped the cost of almost every other major family expense imaginable.  While housing costs have rising over 300% during that time and health care costs — controversial and much …