May 29, 2014 at 11:00 PM
ROSELAND, NJ - The college financial aid process is often intimidating to both students and their families and there are many aspects that most people do not know about. Recently, Steven Sirot, co-founder, College Benefits Research Group (CBRG), a college planning organization, spoke on WNYJ’s "Community Impact," about the financial aid award appeal process—a course of action many parents are not even aware exists.
The discussion included under-publicized places to locate “free money” in terms of grants and scholarships that do not have to be paid back, as well as merit and need-based monies.
Co-founded by Steven Sirot and David N. Slater and joined by partner, Educational Counselor, Janet Loren, CBRG helps clients discover how a private and/or public education is affordable and attainable and allows hard-working families to hit a “home run” in finding the right school, academically, socially and financially, for their child. CBRG also assists with the filing of financial aid forms.
“CBRG is different from other college planning services in that we offer “harmonization” of financial, educational and social guidance for the entire family,” said Sirot.
“We meet jointly with students and parents to develop a college game plan that works for everyone,” he stated. “Too often college students attend a school because their friends are there, or it is the so-called ‘hot school’ that is on everyone’s radar, without any consideration of whether the school is right for them or the long-term effect it will have on family finances.”
Sirot added, “At CBRG, we work hard with the entire family to let students know that going to college is a responsible decision that affects the whole family, and there are no ‘free rides.’ The student will be responsible for their academic success in college, which includes graduating in four years, and for paying back of some loans that may need to be taken out in their name.”