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The EFC, or Expected Family Contribution, is the number used to calculate the type and amount of financial aid that you are eligible to receive. This doesn’t necessarily matter for scholarship competitions or private awards that are generally granted based on merit rather than economic need.
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Continue ReadingThe Latino community in the United States has enthusiastically received the deferred action program, or more formally titled, the Consideration of Deferred Action for Childhood Arrivals Process that’s been authorized and put into place by the Obama administration.
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Continue ReadingTo know how much help you should rely on from your parents, you should first determine your EFC, or Expected Family Contribution. The EFC calculation is based on your family’s income and assets, but other aspects are taken into consideration as well, such as the number of family members, and if any [...]
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Continue ReadingYou’re just about to finish high school, and you’re starting to send out college applications. Like all smart students, you’ve also prepared a strategic plan to be able to finance your education and student expenses.
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Continue ReadingNo one has unlimited resources, which is precisely why it’s important to optimize the resources you have in order to make paying for college easier. The best way to do this is to go over your plan a few times to make sure it’s in line with your budget.
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Continue ReadingSeptember is Life Insurance Awareness Month, which makes it an ideal time to set aside a Saturday or Sunday afternoon to think carefully about your current financial health. Being in good financial health means different things to different people. But almost everyone can agree that it must be based on two important components: First, your [...]
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Continue ReadingLike anything that’s worth striving for in life, acquiring college scholarships takes some effort. These days we tend to see college scholarships announcing “free money waiting for you” or that “millions of scholarship dollars go unused every year,” or statements along those lines.
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Continue ReadingLoans are one of the ways to pay for your college education, but because of loan terms and other factors, they’re not necessarily the best way to go. If you decide to obtain a loan, make sure that you understand the offer and its terms and conditions completely.
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Continue ReadingAs Hispanics, one of the most important traits that we share as a community is our love of family. We worry about them and want to make sure that we are doing everything we possibly can for them. This means spending…
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Continue ReadingThese days, there’s no excuse not to go to college. It’s possible to find financial aid both for parents and for the student. One of the least-explored resources to fund college is found right in your neighborhood.
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