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How confusing is financial aid? Even those in the system understand why students make big mistakes and graduates have huge student loans.
According to Michael Reilly, executive director of the American Association of Collegiate Registrars and Admissions Officers, the financial aid process is difficult and cumbersome and “It takes a lot of initiative on a student’s part to understand how some of the processes work.” (From an interview with Associated Press).
Causes of Financial Aid Mistakes
Making Financial Aid Transparent
Mr. O’Reilly also said that applying for financial aid is not yet transparent, but that “anything that can provide more transparency, I think, will expand the number of participants."
Which is exactly what our college prep and financial aid program does: it makes the entire process more transparent. You receive college-cost estimates that let you know your total cost of college, with a easy-to-read explanation of your financial aid. You also receive a financial aid handbook detailing the application process, difficult terms you’ll run across and more. Families can even have their financial aid forms filled out and reviewed, with additional help provided when it comes to appealing poor financial aid offers.
Mr. O’Reilly is right – getting great financial aid takes a lot of initiative. You’re negotiating a difficult and often dense system. That requires a lot of work on your part. Or if you hire us, on ours.
To find out how our college prep and financial aid experts can help you get more money for college, attend one of our FREE and informative web events. Don’t let the process confuse you. Get through the financial aid system with confidence.
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