Top Tweets on Paying for College from #CampusChat with Russell Golowin

    Do the number of schools you apply impact the amount of     financial you receive?     Does it matter when you submit the FAFSA?                    Does applying Early Decision impact financial aid awards? These were some of the questions addressed by Russell Golowin, founder of College Funding Relief, LLC, during #CampusChat, June 23, 2010. The conversation was active with terrific input from everyone who attended. Here are 6 Top Tweets taken from the 279 tweet-rich transcript. Feel free to pick your own top 6 or 60! If you write about #CampusChat, be sure to let us know (@collegevisit). Top Tweets on Paying for College Russell_Golowin: @collegevisit Everyone should submit the FAFSA in early Jan of the student's Senior year. Aid is first come, first serve. #CampusChat Russell_Golowin: Don't wait until you file taxes to file the FAFSA. Use estimates that you can correct later when you get the official numbers. #CampusChat Russell_Golowin: It is not unusual for families making over $150,000 per year to qualify for financial aid that they do not have to pay back. #CampusChat Russell_Golowin: We always recommend saving for retirement 1st & not touching it. Students can borrow for school, parents can't for retirement. #CampusChat Russell_Golowin: We always recommend that our students apply to, and ideally get accepted to 6 schools. This entices better aid awards. #CampusChat Russell_Golowin: @Goal2025 Early decision absolutely cuts your throat in regards to financial aid. You've just promised to attend at any price. #CampusChat Transcript for #CampusChat – http://bit.ly/9bX8BW – was generated by What the Hashtag?! Again, a huge thanks to Russell for being an expert guest on #CampusChat. Be sure to follow him on Twitter at @Russell_Golowin and like or become a fan on the College Funding Relief Facebook page for more terrific information on paying for college. *** #CampusChat is a weekly conversation, hosted by SmartCollegeVisit, that takes place on Twitter to discuss topics relative to college-bound students and their families. It is held on Wednesday evenings at 9PM Eastern. Follow @collegevisit to stay informed about upcoming chats and for links to the transcripts should you miss a...

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Top Five FAFSA Mistakes: How to avoid them
Jun22

Top Five FAFSA Mistakes: How to avoid them

What are the top 5 FAFSA mistakes made by families? Russell Golowin, founder of College Relief Funding, LLC, shares his insight on the pitfalls and common mistakes by families regarding the Free Application for Federal Student Aid (FAFSA) application process.   Not filing the FAFSA at all. Many families assume that they are not eligible for the benefits of the FAFSA. The only way to be positive that you will not receive any federal aid is to not file the FAFSA. Applying to schools based on “Sticker Price”. The point of the FAFSA is to give aid where it is due. Sometimes by choosing to attend a reach school that seems expensive at face value, you are more likely to receive more aid when all the steps are taken properly. Students could possibly have greater difficulty affording a moderately priced school with minimal aid as opposed to a higher-priced school with maximal aid. Filing the FAFSA Late. Financial aid is first come, first serve! Don’t minimize your aid by making this silly mistake! Applying to a minimum number of schools. By applying to several schools, you give yourself options. If you only apply to one safety and one reach school, neither school is likely to give you very much aid at all. The reach school knows that if you get accepted there, you will probably want to go there. The safety school knows that if you don’t get into the reach school, you will have to go there. Golowin suggests that students apply to at least six schools. Becoming informed too late in the process. Many families don’t start actually learning about the process until pressure is overwhelming—deadlines need to be met, papers need to be filled out and filed, and final decisions need to be made. Golowin suggests that families start planning no later than a student’s junior year in high school and encourages beginning as early as middle school. By beginning early, the student has a lot of time to learn about deadlines and college options. To learn more about the financial aid planning process, join us Wednesday, June 23, 2010 at 9 p.m., Eastern, for #CampusChat on Twitter. Russell Golowin, founder of College Relief Funding (on the web at http://graduate4less.com) will be our expert guest. ### Chelsea Merget, a junior at Boston University is pursuing a degree in Communications with a minor in Psychology. She is spending the summer as a public relations intern with Smart College Visit,...

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