Today, traditional sources of funding that include savings and current income can no longer fully fund college education as they used to in the past. As college education costs have increased more than threefold since the 1980s, it has become an enormous task to finance higher education for most Americans today. Paying for college has become so complex that parents rarely have time to research every scholarship, grant, loan, and other resource available. Luckily, families can always turn to an expert college financial aid consultant to ease obtaining financial aid. A college financial aid specialist helps you avoid missing out on critical aspects throughout the process. Read on to learn more about the significance of seeking help from an advisor rather than trying to navigate the financial aid process yourself.
How Financial Aid Consultants Help Families?
This question is likely to be asked by anyone seeking help on the issue of completing the FAFSA, the CSS Profile (required by most private institutions), and other forms for seeking financial aid. It can be a very confusing process, and the wrong steps can cause your family to lose thousands of dollars in aid. An expert financial aid advisor saves you equally as he completes all forms and applications on your behalf as well as appealing poor awards to maximize financial assistance.
Key benefits of having a personal college financial aid advisor include:
– Time-saving – Going through applications and forms alone is tiresome, hence the need for an expert. Your advisor does everything for your family, so give them the recognition they deserve.
– Preserving eligibility – Ensuring that all the required information is filled out accurately is necessary, as proper entries can help increase aid awards.
– “Free money” increases the available amount that students can use to pay college expenses minimizing out-of-pocket expenditures.
– Sharing tips and tricks – An experienced advisor applies hidden tricks to boost your grant’s help.
The Danger of Applying for Financial Aid Without Assistance
The danger is increased when going it alone without the help of an expert. Imagine wrong or misunderstood numbers; the difference can be thousands less in grants, scholarships, and work-study. Potential pitfalls include:
- FAFSA mistakes reduce aid eligibility: Errors or even omissions when filling out the form can affect the amount of aid a student will be entitled to.
- This results in disqualification: The forms must be filled out correctly and done in advance of deadlines to increase the chances of getting aid
- Aid awards do not appeal proactively: Being aware of how to appeal is essential for being awarded additional money by the school.
- Opportunities for more scholarships/grants are not grabbed: Since the process is poorly directed, families lose out on more free money.
Managing the financial aid application process independently means suffering from the extra pressure and, most probably, missing the chances of receiving all the aid that you are eligible for. Thus, the wisest strategy for families is always to have a specialist by their side.
Safety to Families: The Unbreakable Promise
At American College Planning Service, we do not rely on big words and false promises; instead, we support our skills with tangible outcomes. After we assist you through our step-by-step tutorial, our aid suggestions will enhance your student’s financial aid eligibility by at least the price of our service – that’s our promise! And if not, the cost is zero. Since its inception over the past 30 years, the American College Planning Service has assisted more than 5,000 families with millions of dollars of scholarships and grants. We adopt a systematic method that entails formulating an aid based on the latest U.S. Department of Education guidelines.
It means that families get the maximum amount of free help before being asked to take out parent loans. Let us help you to reduce stress, confusion, errors, or the likelihood of their occurrence when dealing with this often confusing process. Our goal is to provide specialized assistance that will maximize your award and minimize the out-of-pocket cost of educating your student. Get specialist advice from your advisors at home about how your family can pay for college without risking. Call American College Planning Service and let the discussions begin to pave the way to achieving that goal.
For queries, send an email at stu@americancollegeplanningservice.com or contact (860) 688-6140