A non profit organization built to help families reduce the cost of college, minimize debt and increase higher education choices.
Greater Access to College Financial Aid
There are many financial obstacles standing between families and graduating from a four-year college. Even for those accessing this path to financial and personal success the price actually paid is often way too high. The process for seeking financial aid is complicated and inequitable. Many miss opportunities or fall short of securing achievable support. Available funds from the government, colleges and third party providers are underutilized every year.
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College debt loads are oppressive. According to the Federal Reserve Bank of New York, the average student loan monthly payment is $393 with over 70% of students incurring debt.
Source: “What Is The Average Student Loan?”
The College Investor, August 24, 2022 by Robert Farrington
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61% of students didn’t submit a FAFSA. Of these, 1/3 would have been automatically eligible for a Pell Grant ($6,000) and more.
Source: National College Attainment Network 1/22
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The average discount rate for college is 54%.
Source: NACUBO Tuition Discounting Study 5/22
We Help Families
Most families struggle with the rising costs of college. At College Affordable we position families to secure optimal financial aid from a myriad of sources. At College Affordable, we help families with the following to make support with the college financial process more equitable by doing the following:
- Create a realistic family budget to measure affordability
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Optimize scholarship and grant opportunities at target colleges
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Assist with completion of aid and grant applications
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Review and interpret award letters to allow for fully informed decisions
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Identify additional non-college scholarships
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Review potential lenders to select the best opportunity
Knowing how to navigate this process saves substantial time and money!
