Some colleges are getting additional requests for financial aid from families, but are they helping them?
Parents who find themselves in financial distress are appealing to colleges for more help, and they're responding in different ways. Some schools are raising more money to fund the additional requests. Others are directing the students to the government, to reapply for increased state or federal grants and loans.
Experts say if you feel you haven't gotten the aid that you need, ask for a "professional judgment review," which is a letter of appeal to the college's financial aid officer.