FAQs

  • Our household income is probably too high to qualify for aid. Why should I bother to file the FAFSA?

    • Many people incorrectly assume they will not receive aid. Household income is not the only determining factor for aid qualification. Even families with income over $100,000 may still qualify for aid. In most cases, if there is aid available, you WILL NOT receive it without submitting the FAFSA.

      Keep in mind that financial aid is only one aspect of the college funding process—you still need to understand what you best options are to pay for college in a cost-efficient manner. This is what we do best.
  • Do I have to be accepted to a school before I can apply for financial aid?

    • No, but in order to receive funds, you must be admitted and enrolled at the college.

  • What constitutes a financial aid package from an institution?

    • Scholarships, grants, work-study and loans. These can come from different sources: the federal government, state government colleges and universities and private sources.

  • Do private scholarships have to be reported to the university/college?

    • Yes. Outside scholarships must be reported to the Office of Financial Aid. Be aware that most universities will adjust your financial aid package to compensate for the scholarship dollars. If the college has not met 100 percent of your need, it will usually earmark any outside scholarships to close the gap.

  • Is it possible to lower my expected family contribution (EFC)?

    • Yes. As part of our service, Premier College Funding works with clients to identify specific strategies to lower the EFC. When applicable, these strategies can be implemented to lower a family’s educational expenses.

  • If I am not happy with my award amount, is there anything I can do?

    • Yes. Our services include analysis of up to three award letters. We are experienced in negotiating with college admissions departments and frequently find opportunities for additional aid, depending upon various circumstances such as the student’s educational record, accepted status at other schools, or a change in family income status.

  • Am I too early or too late in this process to meet with you?

    • It is never too late to explore the most efficient way to fund your student’s college education. We recommend that parents see us in their child’s junior year, but we see clients as early as sophomore year and as late as senior year because there is still time to develop funding options. Often, parents already have a child in college and meet with us because they were not satisfied with their initial college planning results.

  • What can expect when I come in for the free, no obligation, consultation?

    • The initial consultation is purely exploratory and you will not be asked to commit to any PCF service. Our goal is to understand your unique situation to thoroughly explain our services and fee structure in order to give you the information you need to decide whether working with Premier College Funding is right for you.