Great Information on Financial Aid for College Bound Students
Congratulations! We made it through 2020. Now we can look forward to a better 2021. I am anxiously waiting for the time to come when all of our students are able to return to the classroom under normal conditions, putting this pandemic behind us.
Financial Aid is an on-going issue and continues to be needed for many students. The two articles presented in this newsletter give great information for both parents and students preparing for college.
The first article is a good reminder of what to do to apply for financial aid and how to contact a school to ask to have their financial aid award reevaluated. It is a good article to keep as a reference each year as students apply although the article is titled “Students Affected by the Pandemic….” Completing the FAFSA must be done annually as long as the student is attending college. Although it is most pertinent to today because of the pandemic, much of the information is good for future years as well.
The second article addresses 8 major issues that can cause students to lose their financial aid awards. Need-based aid can be taken away. Students need to take these 8 ways to heart. Some of these 8 ways apply to merit-based aid as well: such as grades or be convicted of a drug – related offense.
I look forward to a great 2021. I hope you will continue to find the information I provide useful as you guide your students through the college admissions process. Please remember I am here to help. Happy New Year!
Sincerely,
Catherine L. Marrs, CEP
Students Affected By The Pandemic May Face Extra Hurdles For Financial Aid. Here's What They Should Know
As college-bound students await news of acceptance to schools for this Fall, most will get financial aid offers based largely on their family's pre-pandemic income.
For many, that's a relic from a more financially stable past that could cost students millions in aid.
8 Ways You Could Lose Your Federal Financial Aid
[...] earning financial aid when you start college doesn’t guarantee you’ll get it all four years, and some students find themselves facing financial aid suspension. While you can go through an appeal process, the best scenario is to avoid losing aid in the first place.
By learning what they are, you can try your best to preserve your eligibility.