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Does Applying for Financial Aid Lower Your College Acceptance Odds?

Great College Advice

Many families worry that their student won’t be accepted if they check the box on the college application indicating that they will be applying for financial aid. So, this is the question I hear over and over: “Does applying for financial aid hurt my college admissions chances?” Just applying for aid will not hurt you.

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Having the College Money Talk with Your Child

The College Pod

With shrinking scholarships, less aid available, and tighter loan limits, many families are realizing that talking to your child about paying for college is no longer optional—it’s essential. Use it together, and teach your student how to estimate what your family will actually pay after scholarships and grants.

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Why Every Family Should Apply for Financial Aid

The College Pod

Every year, millions of families skip filling out the FAFSA (Free Application for Federal Student Aid) because they assume they won’t qualify for financial aid. But here’s the truth: skipping the FAFSA could mean missing out on thousands of dollars in aid—not just need-based aid, but other forms of financial help as well.

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The Best Student Loans: How to Borrow Smarter

The College Pod

Due to inflation, many families haven’t been able to save for college, and most won’t get enough money from grants and scholarships to cover all their costs. So, if you find you can't afford college without some amount of loans, it’s important to consider how much you borrow because you’ll have to pay it back later, with interest.

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What is the FAFSA: A Complete Guide for Parents

The College Pod

Understanding how to get college financial aid can be confusing, especially for parents. The Free Application for Federal Student Aid (FAFSA), now shorter than its predecessor, is a key part of getting money to help pay for your child's college education. >>RELATED: Financial Aid Guide Who Fills Out the FAFSA? . >>RELATED:

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Beyond Sticker Shock: Helping Families See the True Cost of College

Ruffaloni

But is this sticker shock reaction always a rational response, or might colleges be losing out on applicants who could afford to attend with the help of financial aid? Families share this loan anxiety 73% of families with loan concerns reported ruling out institutions based on sticker price.

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How to Choose An Affordable College: 10 Key Factors to Consider

The College Pod

Consider your income, savings, and potential grants or scholarships. If loans are necessary, financial experts believe you should not borrow more than your child’s expected starting salary post-graduation. RELATED: How to Get Scholarships in 2024 2. A practical approach is to set a clear budget and stick to it.