Maximize College Financial Aid
There are three distinct sources of money that people seek — need-based aid, merit scholarships and private scholarships. Families cannot identify ahead of time what they are entitled to at each school. Typically, they have the students apply and hope for the best. We are proactive in projecting the figures so that proper planning can be made, and financial expectations managed.
Many families can qualify for need-based aid from colleges. The key is to identify each family’s Expected Family Contribution (EFC) and model what this means at each school on a student’s list. We help families calculate their EFC and see if they can possibly reduce their contribution by calculating the EFC and projecting the need-based aid awards that should be expected.
Families will confuse merit scholarship programs with merit scholarship opportunities from colleges. The truth is that you don’t need to be a “merit scholar” in the traditional sense to qualify for possible merit dollars. They will certainly consider grades and SATS/ACTs but also community service, leadership, clubs, sports and more. We are able to look at a school’s past awards and evaluate what possible scholarships might be available. It can change from year to year, but again we can help project the total amount of resources that a family should expect from colleges on the list.