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Sending your kids to college can be hard for parents. Nevertheless, for we Latinos, planning our education and the education of our children is part of the American Dream. When it comes to financing a college education, planning is much more effective when it’s begun well in advance. Below, we’ll share [...]
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Continue ReadingEven though federal financial aid can cover a big part of the cost of your college education, in most cases, the family still has to contribute out of pocket. When the government reviews your FAFSA, they decide how much your family should contribute.
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Continue Readingf you start looking for it, you’ll see that there are plenty of opportunities to increase your financial aid package with merit-based scholarships. You can also receive funds based on economic necessity, which are referred to as “need-based.”
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Continue ReadingThere is a variety of financial aid options available to prospective and current college students, so much so that you might not even have to take out loans. You’ll see that there are plenty of resources that are a lot more efficient and won’t require long-term repayment plans that are greatly [...]
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Continue ReadingWhen you’re filling out your FAFSA, they’ll ask for information to determine whether you’re a dependent. If they end up considering you a dependent, you’ll have to also give your parents’ information, or the information of whomever you are dependent upon, even when they can’t or don’t want to help you [...]
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Continue ReadingAs you know, the current economic environment in the USA is a bit uncertain, so it’s not rare to hear about unemployment among our friends and families. Your job might have even been a casualty of the recession. There has been an increase in unemployment rates, affecting those in the industrial [...]
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Continue ReadingWhen what we’ve planned doesn’t turn out as we expected, we tend to get depressed and sometimes make quick decisions without thinking through the consequences. This can end up being incredibly damaging to your college ambitions.
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Continue ReadingEvery year you attend college, it’s important to review and double-check your cost of attendance as well as your budget. Remember that your financial aid request must be renewed every year. That’s why knowing if you should include your parents’…
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Continue ReadingIf you want to know how much money your parents should contribute to your college education, as well as how much aid you can receive from state or private institutions, you should know your EFC, or Expected Family Contribution.
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Continue ReadingIf you’re wondering if getting a job is better than going to college, the answer depends on what you aspire to be. To be able to decide what’s best for you personally, you have to think about what your end goal is: not only what you want to do, but who you [...]
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