Showing posts with label scholarships. Show all posts
Showing posts with label scholarships. Show all posts

Monday, March 2, 2009

Private Colleges Can Be a Better Deal

In today’s Houston Chronicle Tammy Vo, a freshman at University of St. Thomas in Houston, says that St. Thomas “proved a better deal than most public schools” she applied to because of the financial aid they give her. Next year St. Thomas, a Catholic college, will raise financial aid by $250,000 or more. This is one way that private universities are trying to stay competitive in today’s tighter economy.

Other universities are cutting faculty, freezing jobs, and admitting more students in an attempt to make sure that their classes are filled in the fall. This is good news for cash-strapped parents who are worrying about sending their children to college. To help students pay tuition and expenses, colleges are cutting their expenses and digging deeper into their endowments.

The important message for bargain-hunters is that you need to look at the bottom line when comparing colleges, because private universities give out lots of financial aid. This is especially true with smaller, lesser known colleges like University of St. Thomas.

Parents shouldn’t tell their children that they will be able to go to any college they are admitted to, unless the parents can afford the school without financial aid. However, they should encourage their children to apply to private colleges that might try harder to get them to attend by giving them the financial aid they need to make that a reality.

COMING SOON:“The Secrets of Financial Aid” – an ebook with all the secrets I’ve discovered in my comprehensive research of the subject. Make sure you’re on my email list, so you can get a copy as soon as it is released. Just fill in the boxes on the right hand site of this blog. You’ll also get a free copy of the ebook “A Parent’s Survival Guide to College” by insider Neil P. O’Donnell, academic advisor and professor at a private college in NY.

Blessings,
Bonnie

Friday, February 13, 2009

More Help with the FAFSA

Since filling out the FAFSA ranks right up there with filling out the income tax forms as a fun activity, I’ve been researching places on the web that offer help. (By the way, you’ll have to have at least an estimate of your 2008 taxes in order to fill out the FAFSA.) In addition to the ebook “Completing the FAFSA 2000- 2010,” published by the federal government that I mentioned in my last blog, there are other places where you can find useful information.

VIDEO TUTORIAL
The Financial Aid staff at the University of California, Santa Barbara has designed a video tutorial on filling out the FAFSA called “Eight Easy Steps to the FAFSA: A Student's Guide to the Free Application for Federal Student Aid.” Because it is divided into eight segments, you can use all of it or just the segments for the sections of the FAFSA that are giving you trouble. Two people named Natalie and George go through the entire FAFSA line by line. They are a little too happy for my taste, but that might reflect my previous hours of struggling with the FAFSA.

Help from the FAFSA Itself
There’s a help button in the lower left-hand corner of every page of the FAFSA that you fill out online. This will give you help on the specific questions that are on that page, as well as links to FAQs and Customer Service.

The FAQ for the FAFSA says that it will take you less than an hour to fill it out. HA!!! It takes less than an hour IF you’ve already found all the information and filled in the worksheet they provide,which is basically a FAFSA that you can print. If you’re just copying answers from the paper to the web, then, yes, it can be done in less than an hour. Otherwise, allow more time, and DON’T wait until the day before the deadline for your state or college. That’s just asking for trouble.

Believe me, I know. The first FAFSA I ever filled out was done in the middle of the night the day before I thought it was due. Luckily, I was wrong and I had more time. Unluckily, I didn’t know that and my internet connection kept crashing. It was a rough night. By the way, if your internet connection crashes while you are doing your FAFSA on the Web, it will automatically save it and you will be able to access it in 45 minutes. (Of course, if you’re panicking because you think you’ve got just hours until it’s due, 45 minutes seems like a lifetime.)

Besides the FAQs, there is a link to “Web Customer Service Chat.” However, when I tried to access that, I got a screen that said that the following browsers had not been certified for use with Live help: Netscape Navigator (all platforms), AOL (Windows), Firefox (all platforms), Internet Explorer 7.x (Windows). Since I use Internet Explorer 7, I could not use it.

COMING SOON
“The Secrets of Financial Aid” – an ebook with all the secrets I’ve discovered in my comprehensive research of the subject. Make sure you’re on my email list, so you can get a copy as soon as it is released. Just fill in the boxes on the right hand site of this blog. Blessings,
Bonnie