FinAid.org

Seniors: Apply, apply, apply… for financial aid!

The single biggest mistake families make in the college application process is failing to apply for financial aid. So, apply! Even if you think you won't qualify, apply. You may be pleasantly surprised. And sometimes you need to apply for federal aid to receive state aid or merit scholarships.

How do you apply? The FAFSA is required for any student seeking federal and state financial aid, including grants and loans at all colleges in the country.   It can seem complicated, but there is help available -- and it's free.  One of the best resources is College Goal Sunday, an information program that brings together financial aid professionals from colleges and universities along with other volunteers to assist college-bound students and their families complete the FAFSA (Free Application for Federal Student Aid).  Calendars for their national programs, as well as state-by-state events can be found at their website here.

Dear College Counselor... The Year's Best Advice from our Counselors of the Month

October is the cruelest month for high school college counselors, besieged on all sides with seniors intent on applications and juniors beginning their college search and testing -- as well as issues with the Common App this year. So we give counselors a pass at this time of year. Instead of our Counselor of the Month feature, we bring you a round-up of best advice from the counselors who have graced our website with their guidance and wisdom in the past year. Read on to learn their best advice for students and parents, recommendations for financial aid, guidance on the college search and mistakes to avoid.  One of our personal favorite sound bites? Niles West High School's Dan Gin who advises students, "Have fun… Everything will work out in the end." Next year at this time, you'll all see how true this is. In the meantime, take advantage of this advice from the experts on the college counseling side of the desk.

The College Search

Laura Stewart, Ensworth School, Nashville, Tennessee

How do you encourage your students to broaden their college search and look beyond the four or five schools that they know best?

Palo Alto High School's Sandra Cernobori is our Counselor of the Month

 

College Advisor Sandra Cernobori was sitting at her desk in the College and Career Center of Palo Alto High School in Palo Alto, California, when a parent came in to talk to one of her colleagues. She was not a parent at the school, but had some questions about college admission. A few minutes into the conversation, the visitor said to Cernobori’s fellow advisor, “Let me go get my son, I want him to hear this.” Whereupon she brought into the office her 18-month-old child. Yes, you read that correctly, her 18-month-old child.

Welcome to the world of college advising in the heart of Silicon Valley where the college learning curve -- and the pressure -- starts early for some.  Founded in 1894, Palo Alto High School, known as Paly, is nationally known for its academically rigorous environment. Its campus, which serves more than 1900 students, sits across the street from Stanford University. “Our students are often from families that are highly educated or highly value education, so expectations are high,” says Cernobori. “But we also have families where the parents have not attended four-year colleges.”

Juniors: It's never too early to start learning about financial aid

When it comes to financial aid, it’s never too early to start learning about what is a very complex and important topic. All colleges are required by law to have a financial aid calculator (sometimes referred to as a net price calculator) available on their website.  Financial aid calculators can provide an early understanding of what you will be asked to pay at individual colleges and what your aid award might look like.

So as you research colleges now and through the summer, check out the financial aid calculator for each school on your list as you’re surfing the colleges’ websites. Use the calculator to help you figure out what the colleges offer, as well as to start thinking about what you will need to do to make your choices work financially. If possible, try out the calculators with your parents.

Your results— the cost to you and the aid you may receive— may differ fairly significantly from calculator to calculator and from college to college. Just to see how things compare, try out the calculators at a few less expensive colleges and some more expensive ones. It can often be at least as affordable to attend a more expensive college that offers a strong financial aid program. Find out now, so you can select the colleges that work best for you while factoring in price, without ruling out options that might initially seem unaffordable.

February Financial Aid Checklist

February is Financial Aid Awareness Month! And college advisor Alice Kleeman is back with advice on what students and families should be doing this month in applying for financial aid.

*              Because February is Financial Aid Awareness Month, there are usually numerous initiatives to educate families during these weeks. Look for financial aid nights at local high schools, any "open office hours" a financial aid office might hold for prospective students, national programs such as College Goal Sundays or state programs such as California's Cash for College Workshops. Attend with your family so that you are sure you've done everything possible in pursuing financial aid opportunities.

*              Finish the FAFSA if you have not already done so! Again, you do NOT have to wait until you and your parents have filed your income tax returns; you may use estimates on the FAFSA and then update the information once you have filed your income tax forms. It is better to file on time with estimates than to file late!

*              Pay attention to deadlines this month! February is a time when many deadlines kick in.

Elsa Heydenreich Clark, Immaculate Heart High School

Elsa Heydenreich Clark is the Director of College Counseling at Immaculate Heart High School in Los Angeles, California, a private Catholic college preparatory school for 555 young women in grades 9 through 12.  A graduate of the University of Southern California, Clark also holds a Master of Science in School Counseling from California State University, Los Angeles.

Since 1988, Clark has counseled juniors and seniors at Immaculate Heart, a unique institution with a storied history in Los Angeles. Founded in 1906, today the school ‘s student body includes many who are the daughters and granddaughters of graduates. It is also known for its diversity, reflecting the demographics of the Los Angeles population — two-thirds of those attending are students of color and many are first generation.

A Must Read Report for Scholarship Applicants

A new report from Mark Kantrowitz, founder and publisher of FinAid.org and Fastweb.com,  is a must-read for scholarship applicants. Sponsored by Fastweb and the National Scholarship Providers Association (NSPA), the study found that about a quarter of scholarship providers are using Google and social media websites such as Facebook and LinkedIn, to screen applicants. They're looking primarily for one or more red flags, such as signs that an applicant might reflect badly on the scholarship sponsor.  The report includes recommendations for scholarship applicants -- reviewing their Facebook accounts, Googling themselves and correcting problems when possible, and using appropriate email addresses. Read the full report here. It's good advice for all applicants!

Help with Filling Out the FAFSA

The FAFSA is required for any student seeking federal and state financial aid, including grants and loans at all colleges in the country.  And the single biggest mistake students and families make in the college application process is failing to apply for financial aid by filing the FAFSA. It can seem complicated, but there is help available -- and it's free.  One of the best resources is College Goal Sunday, an information program that brings together financial aid professionals from colleges and universities along with other volunteers to assist college-bound students and their families complete the FAFSA (Free Application for Federal Student Aid).  Calendars for their national programs, as well as state-by-state events can be found at their website here.