Need Based Financial Aid Explained
Paying for college can sometimes be a separate worry from concerns about admissions. Often, parents ask us nervously about how to afford college, as well as the family’s chances of actually qualifying for any financial aid. I find that parents are most concerned about need based aid, given the family’s income and asset values. The following podcast is a short explanation of how colleges determine a family’s “need”, and why families should fill out the FAFSA or Free Application for Federal Student Aid, no matter their concerns.
If you have questions about financial aid and affording the rising expense of college, contact Creative Marbles Consultancy at (916) 457-4090. We can help you estimate the amount of aid you may receive from colleges and offer recommendations on how to start planning for a 4 year college degree, no matter the age of your student.