The College Workout

Financial Aid 411

Amy Jasper Tuesday, January 15, 2013

                                    Financial Aid 411

Cringing at the thought of paying for your child's college education? Often times even the best laid out plan, 529, or other savings, is not enough to cover all the costs.

The financial aid process is a different experience from one family to the next. Here are some key things to remember as you embark upon this sometimes overwhelming journey.

  1. Start planning early. Explore tuition and total costs of prospective colleges. Complete Net Price Calculator's to get approximations on what the cost may be for you.

  2. Go to the Free Application for Federal Student Aid (FAFSA) website and apply for a PIN. It is necessary to file online.

  3. File your taxes as early as possible. The earlier the better as many colleges and universities have financial aid deadlines on or before March 1st.
  4. You may be eligible to use the IRS Data Retrieval Tool. This allows the FAFSA to electronically retrieve needed information directly from your tax forms.
  5. Several colleges also require the CSS Profile form to be completed in order to receive non-federal financial aid. Visit
  6. Apply for financial aid whether you think you qualify or not. Many scholarships that are based on merit still require that you complete the FAFSA.
  7. Consider all avenues for scholarship and grant monies. Check with your employer, your social organizations, your place of worship, etc.
  8. Do not hesitate to ask for help. Check with your child's school for financial aid workshops or special days designated to assist families with the process.

Beware of financial aid scams. There is never a fee to file the FAFSA. The CSS Profile has a $25 fee (waivers can be applied). Never pay for a scholarship or financial aid service. More helpful information can be found at

Happy New Year Seniors!

Amy Jasper Monday, January 14, 2013

Right now there are two kinds of college bound seniors. One has already been accepted into the school of their choice and has decided to attend. The other is still applying to colleges. Both are perfectly fine positions to be in but require different plans of action. The following steps in these winter months will keep you on track for a happy spring.

 Seniors Who Can Kiss the Admissions Process Goodbye:

  • Congratulate yourself on a job well done!
  • Say Thank You – Remember you did not get to this point on your own. Thank those who supported you in this process, wrote letters, proofread, paid for application fees, took you on college visits, etc.
  • Apply for Financial Aid - Complete the FAFSA and the CSS Profile.
  • If you were admitted under binding ED, be sure to withdraw your applications from other schools.                                                  

 Seniors in the Homestretch of the Process:

  • Be sure to adhere to deadlines, as many are January 15th or February 1st.
  • Don’t let your energy fade. Put as much into these last applications as you did others.
  • Give your college list a final review. Think of admission decision worse case scenarios and be certain you have choices you can be happy with.
  • Apply for Financial Aid - Complete the FAFSA and the CSS Profile.
  • Be patient... it's a virtue.


Recent Posts




    My College Fit
    Amy Jasper
    3711 Westerre Parkway, Suite D
    Richmond, VA 23233

    Phone: 804-368-1015


    Except as otherwise noted, the entire content and design of this website is Copyright © 2015, All Rights Reserved, by Frisco Websites/Short Story Marketing and its client who manages and updates this website (, and is subject to the terms of the Digital Millennium Copyright Act of 1998 and other laws, as well as by the terms at Some images on this website are used with permission of their owners, and are licensed under a Creative Commons license. These images have been resized and cropped for suitable placement. See the image information for attribution. "Online Business Partner" and "Websites Under Your Control" are federally-registered trademarks of Frisco Websites/Short Story Marketing. ×