Part of Financial AidThe EFC PLUS Financial Aid Blog helps families navigate the college funding, financial aid and loan repayment process. This blog serves as a complement to our college video library, EFC Calculator and Average College Cost Calculator. It provides both objective and independent information so families can make a better college financial decision. We like to provide information beyond just the financial aid process and provide families with up to date current college funding information. The goal of this blog is to bring the personal financial expertise to the college decision. We want parents to understand that lowering the cost of education is a combination of the financial aid process, college saving plans, educational tax strategies and various financing options. The EFC PLUS Financial Aid Blog keeps student and families informed on current topics related to the entire college financial aid and funding process.

Parent Student Loans: A growing concern

The student debt crisis now affects approximately 44 million people and the total dollar amount has doubled since 2009.  A missing piece of this discussion is the amount of parents affected by student debt. Parent student loans are becoming a growing concern.  According to a CFPB report, the average state has approximately 2.2 billion dollars…

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Haverford High School College Planning Program 2017

Haverford High School College Planning Program involves a series of information nights that cover three financial aid nights and two college application nights for the families of our township.  Fred Amrein, an expert in college funding and student loan repayment will be the speaker on the financial aid topics.  His presentations help parents understand how…

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The Scholarships High is Causing Tuition Resets

Over the past ten years, I have seen an increase in scholarships both in number and in dollar amounts.  As a result, the scholarship high is causing tuition resets at more colleges across the country.  At the spring conference of the National Association of College and University Business Officers (NACUBO), a panel discussed the increase…

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Preparing for 2017- 2018 Financial Aid Season

As we approach September, college counselors and financial advisors are preparing to advise their students and parents on the upcoming changes this coming year.  Preparing for the 2017- 2018 financial aid season will be is especially difficult due to a change in the administration and system failures from last year.  I have recently posted two…

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Finding colleges that are affordable and deliver value

How do families find colleges that are affordable and deliver value?  For many families, college affordability and avoiding excessive student debt are becoming more important factors in the college decision process.  A Princeton Review Survey confirmed this earlier this year. What are the steps needed to make informed decisions during this college search and selection? …

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Student Loan Repayment: When to Start

For many recent college graduates, student loan repayment has not yet started.  This is because most students will take advantage of their grace period, which is the period of time after graduation and before repayment begins.  For the Direct federal loan borrowers, the grace period is the six month period from the month of their…

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