Parent PLUS Loan: Everything You Need to Know
Consider the following: the average student pays $36,436 annually for college tuition, supplies, living expenses, and books. If you’re looking to help your child finance college, then a Parent PLUS loan is worth investigating. With so many loan options to choose from, both federal and private, it’s important to understand what each loan offers. This […]
College Funding
College Funding College funding could have many different definitions to many people depending on what stage you are in as it relates to the overall process. For the purpose of this post, we are going to break down college funding into two categories; early stage and late stage college funding. Early stage is referring to […]
EFC FAFSA Chart
EFC FAFSA Chart This is the third post out of the series of posts discussing the FAFSA and your EFC as a family. In previous posts we introduced each term. This included defining each and explaining how they tie together. In addition, we explained the financial aid equation including the ultra important role EFC plays […]
EFC Calculator
EFC Calculator This is the second post out of the series of posts discussing the FAFSA and your EFC as a family. We introduced each term in the previous post. That post included defining each and explaining how they tie together . We also explained the financial aid equation and the ultra important role it […]
FAFSA EFC Calculator
FAFSA EFC Calculator This will be the first blog post in a series of blog posts discussing the FAFSA and your EFC. Now if you just read that sentence and thought “what the heck is FAFSA and EFC” trust me you’re not alone. But don’t despair as we will be thoroughly explaining both. In this […]
Need Based Financial Aid
Need Based Financial Aid The majority of parents do not realize financial aid is broken down into two different categories. Those categories are Need Based Financial Aid and Merit Aid and they are very different. The topic can be confusing due to the fact Need Based and Merit awards come from different departments on campus. […]
Financial Aid Do You Payback?
Financial Aid Do You Payback? A common question we hear when discussing financial aid is, “Financial Aid, Do You Payback”? You cannot thoroughly understand your award without knowing the answer to this question. The answer is it depends on what type of aid you received and where it came from. The important point is that […]
College Planning
In this post we will be discussing College Planning which should not be confused with College Funding. We at College Funding Professionals consider College Planning to be a comprehensive overview of the entire process. It is a 30,00ft /360 degree view of how you will be paying for college with many moving parts. Conversely, we […]