Home > Educators > Financial Aid Information

Financial Aid Information

The financial aid application process is not easy to navigate, even for seasoned counselors, and constantly undergoes changes that further complicates it. Come financial aid application time, many students are confused and concerned with the basics, much less how much funding they can receive. Students should know they have options when it comes to finding the funding they need to pay for college and shouldn’t rely on one source of funding when applying for financial aid.

We have prepared a number of resources to help guide students through the financial aid process, as it will be simpler with more resources readily available. Browse through our site to find tips and financial aid information for educators and how to introduce students to financial aid. Debunk any and all myths that paying for college is out of students’ reach.

College Funding Guide for Students

Finding ways for students to pay for college can become overwhelming, as there are many options out there – from federal funding options to what a student’s college can offer to the less traditional avenues of outside funding sources and balancing a job and academics. An important part of a counselor’s job is helping students understand their options. Rather than focusing on one source of funding over another, students should be exposed to various types of funding. Students worried about their parents’ low income will probably qualify for a number of federal grants. Students worried about their less-than-stellar academic record when it comes to landing a college scholarship should know there are scholarships that do not look at grades, GPA and standardized test scores. Finding college funding is important, but it’s also important that students know the available choices - ones that cater to them individually.

Federal Aid

Federal aid will always be an importance piece of a student’s financial aid package and applications may be intimidating for students who aren’t familiar with applications that require things such as their parents’ income and savings. For those students – or parents who need help completing their first Free Application for Federal Student Aid, or FAFSA, high school counselors and/or intended college’s financial aid officers will serve excellent resources. It is crucial to fill out FAFSA applications as soon as it is available (January 1st of each year) and following the directions carefully so that there won’t be any delays in the application process. Many colleges dole out federal funding on a first-come, first-serve basis until it’s gone. As funding levels may change annually, it’s important for students to be aware of the deadlines.

Student Loans

While the ideal financial aid package would include no student loans, the reality is that most college students will need to take out some student loans to complete their college degrees. An important task for counselors and educators is making sure students understand that they should strive to reduce debt as much as possible when leaving their respective colleges, and to propose ways in preventing debt burden from escalating. Educating students about the different loans available and the most desirable loan options available will go a long way in helping students make smart decisions in funding their future.

Last Reviewed: April 2017

Latest College & Financial Aid News

Marijuana-Funded College Scholarship Program to Aid Colorado Students

April 25, 2017

by Susan Dutca

The $1.3 billion marijuana industry in Colorado is tackling the $1.3 trillion national student debt crisis by using its tax revenue to help students pay for college. Pueblo County will be the first to use cannabis-funded college scholarships for education funding, money that once "fueled criminal empires." [...]

College Scholarships for Moms

April 21, 2017

by Susan Dutca

Being a college student can be daunting, period. With the surplus in coursework, responsibilities and stressing over college debt and expenses, college students are high-anxiety all year round...not just around finals time. On top of that, some student-parents must manage going to, and paying for college while raising and paying for their children. Fortunately, there are great financial aid resources and college scholarships reserved for students who have families; including students with dependent children, single mom scholarships, and single dad scholarships! With Mother's Day right around the corner, indulge in these exclusive free college scholarships- for your accomplishments as a student and mom. [...]

New York Free College Scholarship Program Not So "Free"?

April 18, 2017

by Susan Dutca

New York's free college scholarship program is being met with heavy criticism as more details have emerged and it is set to start in fall of 2017. Though lauded for being the first of its kind to offer free college tuition at public colleges and universities, many European countries already offer free college, regardless of family income level...and at the tax payers' expense. [...]

Follow Us:

facebook twitter rss feed