In this video, we're going to focus on the Applications and Awards tabs, and we'll start here from the Schools tab, and when you're looking at which schools we're going to be applying to, when we click this box, let's say that we're going to go ahead and we finalize we are applying to Ohio State, Stanford, and let's do one more, let's do Denison, okay, so these are our three kind of schools, let's just, for example purposes, and if you click Next, you'll see that those schools now populate in the Applications tab, and when we click that we, yes, we're applying, you can work with the family and they can use this to help them track what they're doing, as you know, once we're in the Applications, if they're doing early action, and maybe they want to plug in a date of, you know, 12-1-2023, that's their goal, the FAFSA, is it in progress, is it submitted, let's go ahead and say it's submitted, and you can see here it also has what is required at those schools, so Ohio State will only require the FAFSA, whereas Denison is going to require the CSS profile as well, so if we say that, and then, okay, yes, we did get accepted, we're waitlisted, so Stanford tracking this one, saying, yep, we did, we have the FAFSA in, we've submitted that, IDOC is a document in storage that's used by some private schools to supply things like tax transcripts and those types of items, so we're going to submit that, and once we hit Accepted, so we went ahead and did the FAFSA here, and once we hit Accepted, any schools in which we are accepted to are then going to push down into the Awards tab, so simply clicking Next will take us there, so now that we're in Awards, Awards is a way to compare and analyze the award letters that you receive side by side, so this will be the letter that they get with the full financial aid award letter, and it should look something like this, and the idea is to take the confusion out of these award letters, and you'll see one if you actually have the award letter, we want to click this button here that says Advisor Verified, it just means we have reviewed the letter and we've plugged it in correctly, if you want to, you should have these numbers provided to you on the financial aid award letter, but we do have the defaults in there that are in the system, so if we just go with those for now, and I want to say that Denison gave us a $55,000 grant, they also offered us the maximum subsidized loan of $3,500, and an additional unsubsidized of $2,000, and I'm going to go ahead and say, you'll see this up here, Remaining Costs, and we went ahead and accepted these, and there we have, you know, Denison coming down to, we've got to come up with another $18,707, using that same kind of process here for Stanford, we'll say Stanford was at $83,000, we'll say that they gave us a $70,000 grant, or maybe it's quite possible we would have gotten a Pell grant, let's say they gave us the max for next year of $7,000, maybe there was a state grant in there for $1,000, and then an institutional grant to make up the other $62,000, and here we have Sierra of $13,000, so we'll probably also get, again, those subsidized loans offered, and the unsubsidized loans offered, and we'll go ahead and accept those, and now we've got two schools in there, side by side, we've got Denison, we've got Stanford, now let's use Ohio State as our last example, if we use the defaults here, again, it's probably the lowest sticker price, and we're going to say they did give us, we did get the Pell grant from them, but that was about all we got was the Pell grant, but they also did offer us the same subsidized loans, and unsubsidized loans, and so now if we go ahead and accept those, okay, so now we've got in this panel, they're all laid out here for us, so we've got our remaining costs, and if you want to, you know, you can look at these kind of on a side-by-side basis, you can collapse them back down right there, and then they'll kind of say, okay, here's what we're looking at, here's the cost, here's our aid, here's the loans that they offered, here's what we've got to come up with these different schools, so, and this can often be the case, as I mentioned, you know, a small private sometimes might come in, I had a small private like Denison come in at around the same price as a state school, and a school like Stanford may actually be even more affordable, hard part's getting it, as we know, you know, anywhere you see the school name, you could still pop it out, take a look at it, and then what we have now is, so now that we're through, we've done applications and awards, and so now we're going to go in and understand how to pay, so I'll be back in the next video, we'll review the how to pay tab.

Applications

Awards

college applications

financial aid awards

track college applications