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Use the CSS Profile to Obtain Aid from Colleges

Use the CSS Profile to Obtain Aid from Colleges

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Oct 7, 2022 | Financial Aid, Uncategorized

Most families welcome financial aid from outside sources to help them pay for a college education. Although they may not accept all financial aid offered to them, they prefer as wide an array of choices as possible. Two important applications should be submitted by...
The Federal Loan Forgiveness Plan – Part I

The Federal Loan Forgiveness Plan – Part I

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Sep 4, 2022 | Financial Aid

The cost of college has nearly tripled since 1980 and Federal financial aid has not kept pace. Pell Grants once covered about 80% of the cost of a four-year public college degree for students from working families, but now only covers a third. This erosion of tuition...
Do Families Know Enough About Paying for College?

Do Families Know Enough About Paying for College?

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jun 21, 2022 | Financial Aid

While 81% of college-bound juniors and seniors view college as a path to a better life, only half of them feel confident about being able to finance their college education, according to a recent survey conducted by Ipsos Research for Sallie Mae. The survey examined...
Should the Pell Grant be Doubled?

Should the Pell Grant be Doubled?

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | May 26, 2022 | Financial Aid

The Pell Grant program has been the foundation of Federal student aid since it was created in 1972. The program provides student assistance grants based on need to low-income students to help pay for college education. Students from all 50 states rely on the Pell...
Beware of Financial Aid Scams

Beware of Financial Aid Scams

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | May 3, 2022 | Financial Aid

The U.S. Department of Education (ED), like most other public agencies and large consumer-oriented companies, conducts most of its business with individuals over the Internet. Although doing business this way is far more secure than paper-based systems, there are...
The 2022-23 College Financing Plan

The 2022-23 College Financing Plan

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Apr 28, 2022 | Financial Aid

Students face a confusing array of options as they consider where to go to college and how to finance their education. The U.S. Department of Education (ED) has developed and maintains the College Financing Plan (CFP) to assist them. The CFP is a consumer-oriented...
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