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Fundamentals of Financial Aid for 2024

Admissions.Blog

Let’s dive into some definitions and discuss fundamental financial aid terminology while introducing what’s new this aid cycle so you can successfully navigate the process of funding an undergraduate education as we approach 2024. Merit-based aid is often provided in the form of scholarships and grants.

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Fast Facts: Financial Aid

BestColleges

85% of full-time, first-year undergraduate students in 2019-2020 were awarded some type of financial aid. [1]. The majority of students awarded financial aid received federal grants. Black undergraduate students, women, and dependent students were most likely to receive financial aid. [5].

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How does Financial Aid Work?

Solomon Admissions

Simply put, financial aid is money that helps you pay for college. For many students, financial aid is essential to making college affordable. An important key to understanding financial aid is to recognize the vernacular used by colleges, admission and financial aid officers, and financial aid award letters.

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Guide to Financial Aid Letters + Examples

StandOut College Prep

Congratulations on receiving your financial aid award letter! No matter where you are heading, your financial aid award letter is a crucial document that can make or break your decision to attend a particular college or university. So, let’s dive in and explore the different parts of your financial aid award letter!

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The Common Data Set: What It Is & How to Use It In College Applications

College Essay Guy

It can also help you quickly answer common questions like: What's the average ACT and SAT score of admitted students? What's the acceptance rate for first-time, degree-seeking applicants? What kind of financial aid does a particular college offer, and how much can I maybe get? What is the Common Data Set?

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Grad School Application Deadlines

College Essay Guy

There are grad school application deadlines coming up SOON. Grad school application deadlines vary way too much for one standard answer. Here’s a better question: When and how should you start working on your grad school applications, depending on your deadlines? It doesn’t matter what time of year you read this blog post.

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La Familia: Five Ways Institutions Can Support Hispanic Families  

Ruffaloni

According to our 2022 Marketing and Recruitment Practices for Undergraduate Students, only 31 percent of private, 56 percent of public, and 32 percent of two-year institutions have specific strategies for recruiting and engaging Hispanic students.