This video workshop from Paul Wrubel leads you through the whole financial aid process.

Part 1: How to Pay for College: College Funding Introduction

Paul provides an introduction to college funding.

Part 2: Three Reasons to Complete Financial Aid Forms

Paul explains why everyone should fill out financial aid forms.

Part 3: Two Kinds of Financial Aid: Merit-based and Need-based

Paul explains why everyone should fill out financial aid forms.

Part 4: College Financial Aid: Two Forms to Know

Paul explains the FAFSA and the CSS Profile forms.

Part 5: Calculating Expected Family Contribution (EFC)

Paul explains the calculations that go into the Expected Family Contribution toward college.

Part 6: College Financial Aid: Expected Family Contribution (EFC)

Paul continues to explain how colleges estimate the family’s contribution toward college attendance.

Part 7: Sources and Forms of Financial Aid

Paul explains the different forms of financial aid: federal, state, and college-based.

Part 8: Grants and Scholarships

Paul explains the free money component of a financial aid package.

Part 9: Private Student Loans & Federal Student Loans

Paul explains Stafford loans, and the difference between subsidized and unsubsidized student loans.

Part 10: Work Study

Paul explains work study and how it affects your financial aid award.

Part 11a: Evaluating Financial Aid Awards

Paul goes through a case study of an example financial aid package.

Part 11b: Evaluating Your Financial Aid Award: A Case Study

Paul presents a case study of an average family’s financial aid award.

Part 12: Evaluating Your Financial Aid Award: Gapping

Paul explains gapping – financial aid awards that don’t cover the family’s full need.

Part 13: Evaluating Your Financial Aid Award: Masquerading

Paul explains masquerading – including parent loans as part of a need-based financial aid award.

Part 14: Evaluating Your Financial Aid Award: Four Elements

Paul tells you what you need to know to evaluate a financial aid award.

Part 15: Evaluating Your Financial Aid Award: Examples

Paul presents examples of financial aid awards.

 

Financial Aid Basics