Dec 28, 2023
On today’s episode, Ethan is joined by Amanda Miller, who got her start in financial aid through the College Advising Corps at Davidson College in 2014. A few thousand students, several resources, and dozens of financial aid presentations later, Amanda’s an independent financial aid specialist and college adviser who also serves as the financial aid go-to lady for the Matchlighters program and someone we consider to be a part of the extended College Essay Guy family.
Ethan and Amanda discuss:
- How do people identify the best ways to pay for college?
- What are some things that people who win scholarships do differently?
- What’s the most important thing a student can do to make college affordable and avoid going into tons of debt?
- How can you learn which colleges are likely to be affordable to you?
- Myths on topics ranging from financial aid appeals to applying out of state
Play-by-Play
- 1:45 - Intro
- 2:49 - How do people pay for college?
- 4:39 - Where does most of the money come from when it comes to paying for college?
- 5:28 - What are the three types of scholarships?
- 7:28 - How do students win scholarships?
- 10:38 - How does the FAFSA help students pay for college?
- 15:21 - How do students avoid taking on too much debt?
- 19:23 - How do students figure out what kinds of colleges will be affordable?
- 27:30 - What are some of Amanda’s favorite affordability tools for students and parents?
- 29:43 - Amanda busts some college affordability myths
- 37:33 - How can families determine if college is truly worth the cost?
- 41:42 - What is the difference between “cost of attendance” and “net cost”?
- 44:04 - Why should most people still complete the FAFSA?
- 47:57 - What is a reasonable amount of debt to graduate with?
- 50:21 - What steps should students take to figure out their financial plan for college?
- 51:52 - Closing thoughts
Resources
- Financial Aid Advising with Amanda Miller (The Counselor Lady) Meeting Request
- Crash Course on How to Pay for College
- How to Make College Affordable Mini-Course for U.S. Students and Families
- How to Make College Affordable Mini-Course for College Counselors and Educators
- College Scorecard – US Department of Education
- TuitionFit – Mark Salisbury
- CollegeXpress
- The College Finder: Choose the School That’s Right for You! Fourth Edition – By Steven R. Antonoff, Ph.D.
- Podcast Episodes:
- 121: Which Schools Are the Most Generous With Financial Aid? (US Version) – Jeff Levy, financial aid expert
- 122: Which Schools Are the Most Generous With Financial Aid? (International Version) – Jennie Kent, international financial aid expert
- 411: Finding Your Why, What a Liberal Arts Education Really Is, and How to Figure out What You Actually Want – Ann Marano (Colleges That Change Lives)