Appealing Need-Based Financial Aid: A Step-by-Step Guide for Parents

If your child was accepted to college but the financial aid offer doesn’t reflect your real financial situation, you may be able to appeal — and win.

In this episode, Matt Carpenter and Peg Keough explain how need-based financial aid appeals work, who should lead the process, and how colleges evaluate income, assets, businesses, and home equity. You’ll hear practical advice, insider insight from former financial aid professionals, and examples of appeals that resulted in tens of thousands of dollars in additional aid.

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