Top 10 Mistakes Students Make on the FAFSA

High school seniors left as much as $2.7 billion in free student aid on the table in the last academic year, according to a NerdWallet study. Part of that cash is missed because of errors students are making on their Free Application for Federal Student Aid forms. Here are some of the most common FAFSA mistakes, according to financial aid experts and the U.S. Department of Education. […] Read more

Understanding Student Loans: 7 Things You Need to Know

Student loans are an increasingly unavoidable part of the American college experience, according to the Institute for College Access and Success. In October 2015, the institute reported that nearly 70% of those who graduated from public or private nonprofit colleges in 2014 had student loan debt. And that debt load is larger than ever: The average loan balance rose more than 50% between 2004 and 2014 to $28,950 per student. […] Read more

Understanding the 2 Types of College Financial Aid

My family and I just returned from Charlotte, North Carolina, where my two boys competed in and won their first Jiu-Jitsu tournament. On the ride home, one asked if he could get a college scholarship if he continued to win tournaments.

That reminded me how important financial aid is for most families. Almost all parents can benefit from understanding their options before their children apply. […] Read more