College Budgeting & College Shopping Sheets

Hi All

I just received an e mail with this link. This is a great source since it includes the “Scorecard” for choosing a college, the “Shopping Sheet” for understanding the college award letter and a “Comparing costs” link that is really great. The Comparing cost allows you to compare three colleges in terms of COA and how it is funded. Be sure to click on the pull down menus for each of the headings on the side. I pulled down all the menus and printed out a copy to study.

Paying for College > Consumer Financial Protection Bureau

Looking over College Award Letters I have identified a number of mistakes that families have made.  Some submitted FAFSAs that were not correct.  Some thought they had applied for a scholarship online and it was not received.  Students chose not to apply for scholarships or did so at the last minute. In the workshop tomorrow I will cover sources of funding outside of the award letter and it will be interesting to see who attends the workshop. My sense is most families leave money on the table. What has been your experience?

Cheers,  George

George A. Letchworth, Ph.D.

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