School selection is as important a factor in college aid as income and assets. All schools have different ways of meeting “need”. Need is the difference between how much the government says you can pay and how much the actual “Cost of Attendance” of the school may be. Some schools meet need with a majority of their aid in the form of gift aid, while others meet it in the form of loans. Over the course of 4 (or 5) years, the difference can be substantial. It’s not hard to figure out what is better. Let us help you find out which schools give the best kind of aid.
Additionally, one of the other ways we help our clients is by having “the conversation” with your student about school selection. Some students have everything planned out and know exactly why they want or need to go to a particular school for a particular career choice. Yet most students have reasons that might not match their parents, such as following a girlfriend/boyfriend, liking the dorm layout, or being a lifelong fan of the football team. The monetary consequences of school selection can be large. Let’s walk through this process together. Email us at team@familycollegeplan.com and one of us will contact you.
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