The College Essay Guy Podcast: A Practical Guide to College Admissions

121: Which Schools Are the Most Generous With Financial Aid? (US Version)

Dec 4, 2017

They discuss myths about financial planning for college, the biggest problem with financial aid, and how to use a spreadsheet resource for choosing the right school. The episode also explores the speaker's transition from the film industry to college consulting, debunking misconceptions about paying for college and providing a chart to evaluate financial aid offerings. Additionally, they discuss the Common Data Set as a reliable source of information, creating an indispensable resource for comparing financial aid. The speakers share their recent reads and movies, and reflect on an inspiring podcast interview.

43:09

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Quick takeaways

Parents should not fixate on a college's sticker price but focus on financial aid offered.

Considering a college's average merit aid award and percentage of students receiving aid is crucial.

Deep dives

Resource for College Financial Aid

This podcast episode introduces a spreadsheet resource that provides a list of over 400 colleges and their respective cost of attendance, percentage of financial need met, and percentage of students receiving merit aid. The resource aims to help families evaluate colleges based on their affordability and financial aid offerings.

Introduction

4min

Transition from Film to Education: Navigating College Affordability

17min

Understanding the Common Data Set

14min

Discussing an Indispensable Resource for Comparing Financial Aid

2min

Discussion on Recent Reads and Films

2min

Reflections on an Inspiring Podcast Interview

4min

On this episode Jeff and I discuss this rad resource on which schools are most generous with financial aid and after he shares with us his story, we discuss:

Three huge myths that students and parents have about financially planning for college
Why parents should ignore the school’s sticker price
Which schools meet 100% of demonstrated need (and what that means)
A tool for figuring out how much money schools offer
What Jeff believes is the biggest problem with the financial aid process
Why Jeff created this resource in the first place and, most importantly…
How to use this tool (along with a few other resources) to decide where to attend

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