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Paying for College Without Going Broke, 2011 Edition (College Admissions Guides), by Princeton Review, Kalman Chany
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Paying for College Without Going Broke has been featured in USA Today, the Wall Street Journal, Money, the Los Angeles Times, and dozens of other national publications, and was chosen as a Washington Post "Color of Money" Book Club Selection. The 2011 edition of this informative guidebook will tell you:
• How to calculate what colleges will expect you to pay
• Savvy steps that will increase your chances of receiving aid
• Long- and short-term ways to lower college costs, regardless of income
• How to compare aid offers—and how to appeal them if they are not enough
• Strategies for divorced or single parents and independent students
• The most costly mistakes parents and students make when applying for aid
• How to access free online updates on college funding
Paying for College Without Going Broke also includes sample forms aid applicants must complete, including the required 2011-2012 federal FAFSA.
- Sales Rank: #1620239 in Books
- Published on: 2010-10-26
- Released on: 2010-10-26
- Original language: English
- Number of items: 1
- Dimensions: 10.20" h x .74" w x 7.70" l, 1.55 pounds
- Binding: Paperback
- 352 pages
Most helpful customer reviews
62 of 63 people found the following review helpful.
Maybe Ok for First Timers
By Dale R. Seng
I bought last years' copy of this book after reading an older copy from the library. I wanted my own copy so that I would have access to the most recent calculation process to determine "Expected Family Contribution" (EFC) under the "Institutional Methodology" (IM) and the "Federal Methodology" (FM).
In the current version of this book, though, they have dropped the instructions for calculating EFC under the IM. Instead, the book substitutes some case studies, which are pretty much worthless. Shame on The Princeston Review for caving in to the whims of the College Board. Now somebody else needs to do the work they didn't do to get the IM formulas into the light of day again.
If you're a first timer, you need to read this book, or one like it. But once you've got the basic scheme understood, there's no need to buy the new version of this book every year. If you're an old hand, and you want the most recent FM formulas to calculate your EFC, just go to the Princeton Review web site and tack-on "financialaidupdate" and you can see the FM formulas.
45 of 49 people found the following review helpful.
Disappointed
By PhilippeF
I had high hopes for "Paying for College Without Going Broke" by Kal Chaney. I have a freshman in private university and was rather shocked by the financial aid process as it exists today versus many years ago when I attended college. I read through the book, which is geared more towards parents and students approaching college years. The book does point out some strategies and tactics, but large portions of the book provide step by step instructions for filling out tax and college financial aid applications. This information could be covered by providing tips rather than page after page of instructions for forms. Also, the key punchline to the book, a family's expected contribution towards education is sort of hidden at the end of the book. This critical information could have been presented in a more straightforward manner at the beginning of the book, and discussed in an open and critical manner. It's almost as if the book in some ways contributes to the opaque process of determining financial aid.
Finally, I emailed the author with a couple of questions after finishing the book. I received a very terse response to my inquiry. I followed up with an apology and simple question, and received no response from the author. I think a reader deserves a better response than this to a question after reading a supposed "how to" book.
12 of 13 people found the following review helpful.
Needs more focus on current rules, less on the history! Web address to 'Online Index' is wrong!
By Dean Head
I consider myself kind of a personal finance nerd, but I found this very difficult to slog through. In particular, Ch2 reads more like a history of the changes to the financial aid system. Word of advice to the authors: I understand that later editions are just 'pile-ones' to the existing material... but if I buy the 2016 edition... I really don't care what the rules were like in 2002 or 2009! It bogs down the text and makes it VERY confusing. Some careful pruning of the older material would go a long way to making this more readable.
[4/12/16 update]
I am dropping this down a star, because not only is there no index, the weblink they provide for the 'Online Index'
[...]
re-directs to a generic page of college advice at the Princeton Review site.
Poor!
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