The role of college visits in the scholarship selection process can vary depending on the specific policies and procedures of each college or university. While some schools may view a student's physical visit to the campus as an indication of interest and may consider this in the scholarship selection process, it is not a requirement... Read more
Category: Scholarship
Scholarship
529 Funds and Non-Qualified Expenses: What You Need to Know
529 college savings plans are tax-advantaged investment accounts that are designed to help families save for higher education expenses. Contributions to a 529 plan are not tax-deductible, but earnings on the investments within the plan are tax-free as long as they are used for qualified education expenses, such as tuition, fees, books, and certain room... Read more
Tuition Grants and Financial Aid: Understanding the Impact on the EFC
Tuition grants, also known as tuition benefits or tuition remission, are a type of financial aid that allows children of employees of certain universities to attend school at a reduced cost. These grants are typically provided by the university as a benefit to its employees and are not based on financial need. The impact of... Read more
The Impact of a Well-Funded 529 Account on Financial Aid Eligibility
Having a 529 college savings plan can affect your child's financial aid eligibility in a few ways. First, it's important to note that 529 accounts are considered the parent's asset, not the student's. This means that they are typically less of a factor in the financial aid calculation than the student's assets, which are given... Read more
Maximizing Your Opportunities at a Scholarship Weekend: Strategies and Tips
A scholarship weekend, also known as a scholarship weekend program or college scholarship weekend, is an event that brings together high school students and college representatives to learn about and potentially earn scholarships. These events typically include information sessions on financial aid and the college application process, as well as opportunities to meet with college... Read more
Maximizing Your College Financial Aid: Expert Strategies.
There are a few expert strategies you can use to maximize your college financial aid: Start the process early: Begin researching and applying for financial aid as early as possible, as some aid is awarded on a first-come, first-served basis. Complete the FAFSA: The Free Application for Federal Student Aid (FAFSA) is the primary form... Read more