Decoding College Aid Terms and Strategies

This chapter provides a thorough explanation of key college aid terms like FAFSA, EFC, and cost of attendance, emphasizing the significance of informed planning for families. It discusses various financial aid options including loans, grants, and work-study programs, with insights on how schools meet students' financial needs and the practice of 'gapping.' The chapter also covers strategies for managing assets, navigating the FAFSA process, and understanding the differences between FAFSA and CSS profile for financial aid applications.