How much time is spent on each student’s financial aid package?

Finances and AidOur Counselors Answered:How much time is spent on each student’s financial aid package?3answers for this question王文君 June ScortinoPresidentIVY Counselors NetworkIn many cases, student’s financial aid application is not reviewed until accepted first. Therefore, it does not impact the admissions decision. However, if the student is placed on top of the list, the financial aid office will offer more money and apply scholarship to attract the right students.Reecy ArestyCollege Admissions/Financial Aid Expert & AuthorPayless …

Are retirement funds considered on financial aid forms?

Finances and AidOur Counselors Answered:Are retirement funds considered on financial aid forms?9answers for this questionLaura O’Brien GatzioinisFounderEducational Advisory ServicesThe federal FA formula protects some parental assets such as retirement funds (for example 401(k)s or IRAs, the home equity in the primary residence or a family farm). Some colleges require a secondary financial aid form (the CSS Profile) which has a different methodology from the federal methodology. Certain colleges also might have their own institutional forms. …

What should students do if their non-custodial parents are out of the picture?

Finances and AidOur Counselors Answered:What should students do if their non-custodial parents are out of the picture?7answers for this questionLynda McGeeCollege CounselorDowntown Magnets High SchoolThis has happened many times with students I have worked with, and it can be very difficult if the CSS profile is required by the school. If the non-custodial parent cannot be found, the student needs to inform the college(s) as soon as possible. Often times, high school officials who are …

What are the most common scholarship scams? How do I avoid them?

Finances and AidOur Counselors Answered:What are the most common scholarship scams? How do I avoid them?5answers for this question王文君 June ScortinoPresidentIVY Counselors NetworkPlease do not use online paid search website to seek scholarships. Therefore, try not to release your personal info unless the website belongs to professional organizations.Reecy ArestyCollege Admissions/Financial Aid Expert & AuthorPayless for College, Inc.Paying for the opportunity to apply is the most common, so don’t pay first.Bill PrudenHead of Upper School, College …

Are there ways to waive college application fees?

Finances and AidOur Counselors Answered:Are there ways to waive college application fees?10answers for this questionDr. Bruce NeimeyerCEO/PartnerGlobal College Search Associates, LLCYes! Several ways come to mind…… 1. If you receive a fee waiver for the SAT or ACT you will most likely qualify for an application fee waiver from the college to which you will apply. For some it is automatic, others you must ask and still others don’t offer the waiver so best to …

How can unemployed parents account for severance on the FAFSA?

Finances and AidOur Counselors Answered:How can unemployed parents account for severance on the FAFSA?6 answers for this questionDr. Bruce NeimeyerCEO / PartnerGlobal College SearchAssociates, LLCThe best way to handle this situation via the FAFSA is to contact your financial aid office and speak with a counselor there. Unfortunately, there isn’t a mechanism for you to report this accurately and the financial aid office needs to understand that your severance pay is a one-time lump sum …