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The top 10 issues that parents and students often face when dealing with college financial aid are:

  • Writer: pmgelliot
    pmgelliot
  • Jan 30, 2024
  • 1 min read
  1. Understanding the Process: Navigating the complex process of applying for financial aid can be overwhelming.

  2. Meeting Deadlines: Missing important deadlines can result in lost aid opportunities.

  3. Completing FAFSA Accurately: Errors or inaccuracies in the FAFSA application can lead to delays or reduced aid.

  4. Determining Eligibility: Understanding what types of aid you are eligible for can be confusing.

  5. Deciphering Award Letters: Interpreting and comparing financial aid packages from different colleges can be challenging.

  6. Appealing Financial Aid Decisions: Many are unaware of the process to appeal for more aid.

  7. Managing Student Loans: Understanding the terms and responsibilities of student loans is crucial.

  8. Finding Scholarships: Searching and applying for scholarships requires time and effort.

  9. Balancing Financial Contributions: Families often struggle with deciding how much they can or should contribute.

  10. Planning Long-Term: Understanding the long-term financial impact of college

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Author: Cynthia Montalvo

Founder: Financial Aid Ai


 
 
 

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