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Sallie Mae How to Pay for College: A Practical Guide for Families

by Gen Tanabe, Kelly Tanabe

List Price:$19.95
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Average Rating:4.5 out of 5 stars
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Editorial Reviews
Product Description

An indispensable resource for all college-bound graduates and their families—or college students looking for ways to ease their financial burdens—this handbook for getting the most financial aid available offers guidance to completing the often arduous and lengthy application process. Insights from financial aid officers help answer such questions as How much does college really cost? Should we borrow money to pay for college? How can the college help us pay? and How can we make college cheaper? in this informative guide to getting the most money for college tuition, housing, books, and living expenses. Covering scholarships as well as financial aid and giving a step-by-step outline to both the paper and online FAFSA, this reference offers advice for avoiding the most common mistakes and for choosing the best package for individual families’ needs at all income levels.




All Customer Reviews
Average Customer Review:4.5 out of 5 stars
0 of 0 people found the following review helpful:

3 out of 5 starsHelpful, 2007-01-28
This book was a little helpful and we did learn a lot from it. For the price it is worth the money. So if you have a HS Senior, its worth the investment


0 of 0 people found the following review helpful:

5 out of 5 starsNecessary read, 2006-08-29
This book was very educational and hard to put down. Very useful
information. Highly recommend it to anyone with kids going to college in the next couple of years.


1 of 1 people found the following review helpful:

5 out of 5 starsA "must-have" for every prospective college student who isn't independently wealthy, 2006-03-11
Collabortively co-authored by Gen Tanabe and Kelly Tanabe, How To Pay For College: A Practical Guide for Families is a no-nonsense guide sponsored by the "paying for college company" Sallie Mae, which is well known for the award-winning CollegeAnswer.com website dedicated to providing parents and students with answers to questions about the college process. Written in plain, no-nonsense terms, chapters instruct the reader about how the financial aid process works, how to choose the best financial aid package and what to do if it's not enough, where to find the best scholarships for one's income levels, the best way to save for college including choosing the right 529 savings plan, how to avoid financial aid scams that steal one's money (one red flag is that only scammers will "guarantee" a scholarship for a fee, as legitimate scholarships are based solely on merit and need), and much more. An in-depth resource filled with up-to-date advice, that walks the reader through the basics of filling out forms and exhorts how easy it is to learn about the newest scholarships on the world wide web. A "must-have" for every prospective college student who isn't independently wealthy.



4 of 4 people found the following review helpful:

5 out of 5 starsEarns a Permanent Spot on my Bookshelf, 2005-11-23
I've been a college counselor for 15 years and each year I'm responsible for helping 200 seniors find the right college. I have witnessed many changes in admission but by far the most difficult challenge today is helping families pay for the great colleges that their children get into. What good is it to get into a college if you can't afford to go? This is why I was particularly interested in this book when one of my colleagues gave me a copy to review.

Over the years I have read hundreds of books on college planning. Of those only a very small percentage make it into my permanent collection of useful references. This book not only made it into my collection but I consider it to be the "best of the best."

Why? Because it honestly lays out the challenges of paying for college faced by most families and then systematically presents realistic solutions. The authors do not present their solutions in a dogmatic fashion but give the reader all of the options to let the individual family choose the best solution for their situation. This is very important since many books give cookie-cutter solutions, which just do not work in the real world.

Is it ironic that one of the best books on paying for college comes from Sallie Mae - a provider of student loans? Maybe. But the fact remains that Sallie Mae has put together a terrific resource. You won't find "plugs" for loans. In fact, you get just the opposite. The book makes it clear that loans are your last option and it encourages you to find scholarships, apply for financial aid, and perhaps the most underappreciated way to pay for college - save money. The one chapter on student loans is very informative and like the rest of the book presents options rather than directs you into a preconceived direction.

"How to Pay for College" earned a permanent place on my bookshelf and I recommend it to the students and parents at my school.



8 of 8 people found the following review helpful:

5 out of 5 starsOne of the Best Books on College Planning, 2005-09-02
As a certified financial planner I work with families who are struggling to save for college. I am always on the lookout for new resources and this book by Sallie Mae is at the top of my list. While there is too much to describe in a short review, let me just say that each chapter contains succinct, easy to understand, and top-notch advice. The book contains many examples and the explanations are written so even a non-expert can understand. The tips and anecdotes from the financial aid officers which appear on many of the pages are invaluable and give the reader a view of financial aid that we don't normally see. Sallie Mae should be commended for putting out a terrific book.




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