New Year’s Resolutions for 2021

New Year’s Resolutions for 2021

Hi, I’m Ann Garcia, CFP®, the College Financial Lady. I’m a fee-only, fiduciary financial advisor. I help families plan and finance affordable college education. I’m also a mom to college-aged twins, so I’m right there with you. Has there ever been a year as hotly...
Ask the Expert: Financial Aid Appeals

Ask the Expert: Financial Aid Appeals

Q.Our family’s financial situation has changed since we completed the financial aid applications. Can we appeal our financial aid award?   A.If affordability is a concern, especially at the student’s top choice college, please contact the financial...
Ask the Expert: The Award Letter

Ask the Expert: The Award Letter

Updated February 2021 Q.The award letter is for next year only. Can we expect the same amount of financial aid every year?   A. The major factors considered in a need-based financial aid award include the cost of education (which may increase from year to year)...
Calculating Financial Aid Eligibility

Calculating Financial Aid Eligibility

Eligibility can vary significantly from one college to the next simply because of the COA. At College A, the student can receive up to $40,000 in financial aid, but is only eligible for up to $10,000 at College B. Colleges determine eligibility for need-based...