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tremendous amount of financial aid eligibility lost as a Result of Mistakes

We see a tremendous amount of financial aid eligibility lost as a result of  mistakes, some of the most common are:

  • Failure to Plan it is not necessarily something you "did" wrong, it’s what you “DID NOT DO”.
  • Missing deadlines (financial aid deadlines, which are different than admissions deadlines most of the time)
  • Mixing up parent and child financial information
  • Make sure all income information is correct.
  • Saving in the “wrong” places (make sure that anyone that is advising you i.e. Accountant or Financial Planner are well versed in college financial planning, which is different from traditional financial planning.)  If you save in the wrong places it can not only impact your child’s ability to go to the college of their dreams but it can also impact you quality of life during retirement.
  • Overvaluing your business, if self-employed.
  • Over estimating overtime just because you earned “x” amount of overtime last year does not mean it will be the same this year.

Any one of these mistakes can cost you thousands or even tens of thousands of dollars in lost eligibility that you otherwise deserve.  Though the number “1” mistake is Failure to Plan it is not necessarily something you "did" wrong, it’s what you “DID NOT DO”.   Part and parcel of this error is failing to understand the financial aid rules for example where to save, where to apply, how to ‘fix’ things if you’ve made any of the above mistakes.  If you do not have tons of time to do the research needed to be knowledgeable than we can help you quickly find the answers quickly.


Sharon Eller | 10/31/2016