Showing posts with label Expected Family Contribution. Show all posts
Showing posts with label Expected Family Contribution. Show all posts

Tuesday, November 9, 2010

Admit it. It's all about the fit

Admit it.  As a society, we are obsessed with the perfect fit.  From a hand-tailored suit to the prefect running shoes, fit is a critical and non-negotiable factor.  Crisp Consulting + Coaching believes families should consider the academic, social and financial fit of independent day schools, boarding schools and colleges. 

Determining academic and social fit is easy for families to discuss.  Yet, when conversations turn to finance, many families grow silent and have little context for determining the factors of financial fit. Financial fit considers the sticker price and the debt that can come with an education.  Financial fit should not be a stressor.  In fact, it should be the opposite and serve as a factor that enhances your educational endeavors.

Although the Free Application for Standard Aid, FAFSA,  and other institutional forms are not due until January, we would like to offer the basics of financial fit from Forrest M. Stuart, Director of Financial Aid at Furman University.




Crisp Consulting + Coaching  has information regarding admission, education and school options on our YouTube Channel.


Brian D. Crisp is an independent educational consultant working with families in Asheville, Charleston, and Savannah  to optimize and realize their unique educational fit and admission success.  As a former professor, administrator, and teacher,  Brian has the knowledge and skills to counsel families in all aspects of educational planning.

Monday, November 8, 2010

Admit it. Mind the gap

Admit it. Education is becoming increasingly expensive  and many families are falling into an unspeakable and undesirable gap. This gap is the difficult space between meeting rigorous admission requirements and the sizable financial aid packages required to make enrollment realistic.  Inside Higher Education followed the recent conversation about gapping at the College Board Forum, “Not So Need Blind.”

In the current economy, more students are falling into the gap created by financial aid packages.  Many colleges claiming their admission is “need blind,” a process where admission decisions are made without reference to a student's financial aid request, do not offer financial awards to cover the needs.  These needs are determined by the Free Application For Student Aid and the Expected Family Contribution.

Financial planning is a critical part of the college admission process. Families should fully understand their options and responsibilities for financing an education.  A mishap or mistake could determine whether you receive a financial aid award that meets your need.

In other words, you may get in–but be unable to pay the price demanded.

Brian D. Crisp is an independent educational consultant working with families in Asheville, Charleston, and Savannah  to optimize and realize their unique educational fit and admission success.  As a former professor, administrator, and teacher,  Brian has the knowledge and skills to counsel families in all aspects of educational planning.