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Single largest mistake made regarding need-based financial aid is discussed at MyCollegeCalendar.org. Advice is provided on how to avoid this pitfall.
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Single largest mistake made regarding need-based financial aid is discussed at MyCollegeCalendar.org. Advice is provided on how to avoid this pitfall.
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The financial aid process is confusing at best and for many college-bound students and their parents, it can be incomprehensible. MyCollegeCalendar.org provides a simple, user-friendly flowchart of the entire process showing the types of aid, when to apply, and when students should be notified of scholarship and grant awards.

“Free money” that comes in the form of merit-based financial aid includes scholarships and grants; it is money that is almost always tax-free and never has to be repaid. Merit-based scholarships and grants are awarded based on excellence in academics, leadership, volunteerism, athletic ability, and other areas determined by the granting organization, which can be a college or university, community-minded organization, or individual.
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Understanding Financial Aid – Explanation of Scholarships, Grants and Loans.
Students, and especially parents, should understand all aspects of financial aid process. Detailed discussion of scholarship, grant, and loan application processes, common pitfalls to avoid, and all-around practical advice are provided.
Are rich teenagers going to catch a break in this year’s college admission season?
It’s a question that admission directors are skittish about discussing. No college wants to admit that it will reject more needy students so they can embrace the affluent applicants.
(via CBS Money Watch)

President Mark G. Yudof announces plans to raise $1 billion in private funds over the next four years and to expand an existing aid program to more middle-income families.
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Winning scholarship applications don’t simple list and discuss a student’s activities and awards, they paint a vivid and impressive portrait of the student applicant. MyCollegeCalendar.org provides advice and instructions on how to create winning scholarship applications.
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Each scholarship has its own criteria for selecting winners. MyCollegeCalendar.org provides advice on these criteria and how to fulfill scholarship application requirements.
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MyCollegeCalendar.org follows a fictional high school senior who successfully navigates the entire college application and financial aid process. All college-bound students and parents can follow along using the example documents provided.
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Two high school valedictorians. Both accepted to the same top regional university, but with DRAMATICALLY DIFFERENT SCHOLARSHIP AWARDS. One received $145,000 for four years, the other received $4,000. Virtually identical students in every way except one.