How Colleges Build Financial Aid Packages

Don’t wait until it’s too late! Learn the secrets of college financial aid before you apply to college.

If you understand how colleges build financial aid packages before you apply, you can develop a strategy to save thousands, even tens of thousands of dollars, in overall college costs.

This mini-course reveals critical financial aid information every college-bound family should know.

12 min

The information in this video is relevant for the 2023-24 school years, but there will be many changes to the FAFSA beginning in the 2024-25 school year, including replacing the EFC with the SAI (Student Aid Index) and a new assessment formula. Colleges will still determine your financial Need at their school the same way. The SAI, like the EFC, will still be the minimum amount of money a family will be expected to pay towards college costs, and as with the EFC, most families will pay more than their SAI.

The FAFSA and college financial aid will be different in the 2024-25 school year when the changes to the FAFSA are fully implemented. PAY LESS FOR COLLEGE: The Must-Have Guide to Affording Your Degree, 2023 Edition, guides and prepares college-bound families for the 2023-24 school year as well as for all the changes to come in 2024-25. Empowered with the right information and insights, any family can navigate a path to save real money in overall college costs.

Paying for college shouldn’t be harder than going to college.
This no-nonsense, user-friendly book by College Admissions HQ reveals a host of strategies that empower families to significantly reduce college costs.
The 2023 Edition is fully updated for the 2023-24 school year and includes a chapter that prepares you for the big changes coming to the FAFSA and college financial aid in the 2024-25 school year.
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