Appealing Financial Aid, College Deadline Changes, Updated SAI Calculator
The College Funding Coach
We provide families with world-class education on the complexities of saving and paying for college.
“The greatest happiness of life is the conviction that we are loved; loved for ourselves, or rather, loved in spite of ourselves.”?
– Victor Hugo
News & Notes
1) The FAFSA fiasco continues to cause ripple effects. Since many colleges will not receive student financial info until early to mid-March, more and more schools are pushing back their deposit deadlines to May 15th or beyond. Here are some of the notable ones:
- California State University System - May 15
- University of California Campuses - May 15
- Virginia Tech - May 15
- Miami University - May 15
- Oregon State - June 1
- Kalamazoo College - June 1
Other colleges are either doing away with their financial aid priority deadlines (Marquette) or extending their application deadline (University of New Hampshire).
Colleges that require the CSS Profile are less likely to move their deposit deadlines. Make sure to keep an eye on them if you've applied, but note that they will have at least some information to offer a tentative aid package without your FAFSA info.
2) If you have not filled out the FAFSA yet, check out these pro tips straight from the source.
If you have submitted the FAFSA, here's what happens next.
3) Our financial award appeals webinar recording is now available. Given the current FAFSA situation, it may be a good idea to get a headstart on the appeals process.?
4) For sophomores and juniors:?Advice for Kicking Off Your College Search.
5) New 529 to Roth Transfer Info:?What Is the New 529 Rule in 2024??
6) Our financial aid calculator has been updated to reflect the "inflation fix" the DOE made. Check it out here.
Learn How to Appeal for More Financial Aid
Watch our on-demand recording:
Register for our upcoming webinar on March 21:
Free Tools and Calculators for College Financial Planning
1. Financial Aid Calculator:?Up to date calculator giving you an accurate estimate of your Student Aid Index.
2. College Savings Estimator:?Learn how much you need to put away to cover your college funding goals.
3. 529 State Tax and Fee Comparison Tool: Find the 529 Savings Plan that's right for you.
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4.?College Money Report: Estimate costs at three different colleges for free.
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Upcoming Private Scholarship Deadlines
Direct links to a handful of smaller private scholarships. Pulled from sites like Scholarship Owl and Going Merry.?
February 28: Achieving My Potential Scholarship
February 28: Divorce Stigma Scholarship
February 29: Harold Rothman Business Scholarship
March 1: George E. Allen Academic Scholarship
March 1: Formuland Mighty Star Scholarship
College Funding Coach Spotlight
Why The College Funding Coach?
When I began my career, I often called upon associate attorneys to become clients. I quickly realized that student debt was a substantial problem for most of them. These “small mortgage-sized” debts really hindered the ability to save money early on in their professional careers.
This is a major issue because it has a snowballing effect, not only in the short term but also in long-term retirement planning as well. Learning the best way to plan for these folks was a challenge, but it made me realize how important it is to educate those whose kids may face similar situations in the future.
Other College Funding Content to Chew On
What You Can Use Scholarship Money For (U.S. News
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