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Financial Safety Schools Belong On College Lists

Financial Safety Schools Belong On College Lists

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jun 3, 2023 | Financial Aid

A high school student’s College List is the set of institutions to which they’ll apply in senior year. They are colleges that that students determine are exceptionally well suited to their needs, goals, financial circumstances, talents, and preferences. A strong...
Understanding a College’s Cost of Attendance

Understanding a College’s Cost of Attendance

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Apr 18, 2023 | Financial Aid

Students and families should analyze the cost of attending a particular college. Cost of Attendance (COA) is the term used for the total of the direct and indirect costs of one academic year of undergraduate study at a college. It’s the maximum amount that a...
The U.S. Military Pays College Costs

The U.S. Military Pays College Costs

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 16, 2023 | Financial Aid

High school seniors seek ways to avoid the college debt burden that has proven such a hardship for millions of their predecessors. In a recent post, we reviewed six strategies for obtaining a college education at an expense level so moderate that incurring student...
Entrance Counseling for Federal Student Loans – Part 3

Entrance Counseling for Federal Student Loans – Part 3

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 7, 2023 | Financial Aid

This post is a continuation of the last two that summarized Modules 1 and 2 of the Student Loan Entrance Counseling (SLEC). Module 3, “Federal Student Loans”, is summarized in this post. When a student is approved for a Federal loan for the first time, they’re...
Entrance Counseling for Federal Student Loans – Part 2

Entrance Counseling for Federal Student Loans – Part 2

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Feb 27, 2023 | Financial Aid

When a student is approved for a Federal student loan for the first time, they’re required to complete Student Loan Entrance Counseling (SLEC), an online course offered by the Office of Federal Student Aid (FSA), the agency within the U.S. Education Department (ED)...
Entrance Counseling for Federal Student Loans – Part 1

Entrance Counseling for Federal Student Loans – Part 1

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Feb 21, 2023 | Financial Aid

Federal financial aid programs for college students include scholarships, grants, work-study programs, and loans. Among these only loans need to be repaid, making them the least attractive type of Federal aid. Nevertheless, more students participate in the loan...
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