Financial Aid Counseling

Paying for your student's college education is one of the most expensive costs you will be incurring during your lifetime. As of today, a private college education can cost up to $250,000 or 1/4 of a million dollars which is a lot of money for all of us!  In the best scenario, a parent would have started planning for this expense as soon as their student was born. This would constitute a good 17 to 18 years of adequate financial planning for this expense.  However, this is not the case for the majority of the parents. With these uncertain economic times, even those who did do adequate savings for their student's college education, have seen these savings diminish or not grow as much as they had expected. This is when applying for financial aid to an educational institution becomes a necessity.

 

IvyWay is here to help you understand the financial aid jargon, to help you keep up with the dates and requirements to fulfill, to fill out the necessary forms, and to decipher which financial aid award is the best for your particular financial scenario. We guide you through the entire process and help you make an informed financial decision that will complement the college selection decision. The idea is to decide on the best college possible for your student which you can afford.

 

Our most common financial aid packages are as follows:

 

The Ultimate Financial Aid Package 
 
For those students whose parents want full assistance throughout the entire financial aid process for all universities to which their student is applying to; this is our most popular package

 

Consists of the following services:

 

  • Determination of all financial aid requirements for all universities being applied to

  • Preparation and submittal of the CSS Profile form

  • Preparation and submittal of the FAFSA form 

  • Compliance with all financial aid requirements for all universities

  • Review and Analysis of all Financial Aid Awards given to the student

  • Preparation of a Financial Aid Award Review document along with explanation of each award

  • Preparation of a Financial Aid appeal letter (if applicable)

  • Preparation and submittal of all tax forms via IDOC (if applicable)

 

 

 

CSS & FAFSA Package 

 

For those students applying to schools that require both forms and whose parents only wish assistance with these two documents

 

Consists of the following services:

 

  • Preparation and submittal of the CSS Profile form

  • Preparation and submittal of the FAFSA form 

  • Review and Analysis of all Financial Aid Awards given to the student

  • Preparation of a Financial Aid Award Review document along with explanation of each award

  • Preparation and submittal of all tax forms via IDOC (if applicable)

 

 

 

FAFSA Package 

 

For those students applying to schools that only require the FAFSA and whose parents only wish assistance with this document

 

Consists of the following services:

 

  • Preparation and submittal of the FAFSA form 

  • Review and Analysis of all Financial Aid Awards given to the student

  • Preparation of a Financial Aid Award Review document along with explanation of each award

  • Preparation and submittal of all tax forms via IDOC (if applicable)

 

Federal Student & Parent Loan Originations  

 

For those students and parents wishing to pay all or part of their school costs through Federal Direct Subsidized, Direct Unsubsidized and/or Federal PLUS loans 

 

Consists of the following services:

 

  • Assistance in Entrance Counseling

  • Application to Federal Student loans and/or Parent loan

  • Preparation and submittal of Master Promissionary Notes

A Great Future Starts With IvyWay!