What your financial aid package means when paying for college
Now that the new year is in full swing, college applications are being submitted, and decision letters are being sent, it is important for students to plan ahead for decision-making time. The 2013-2014 federal financial aid application was released on January 1st, and while many deadlines are a few months away, it is important for students and families to plan ahead and discuss how they will finance college. For many college applicants, following an acceptance to a college or university, or maybe even included in that large envelope waiting for you in the mail, is a financial aid package. As it becomes increasingly expensive to fund a higher education, financial aid packages become more important in making a decision about where to attend.