Interview 261: Matt Carpenter on “How To Get The Best Grant or Scholarship From A College”

- Matt gives an overview of College Aid Pro
- Matt warns our listeners of some schools that have inaccurate net price calculators
- Matt explains how College Aid Pro, AKA CAP knows whether a net price calculator is accurate or not
- Matt gives examples of colleges who almost never lead with their best offer
- Matt and I discuss now hard the job of a financial aid officer is
- Matt calls for greater transparency
- Matt and Mark discuss the kinds of colleges that are notorious for giving poor aid awards and gapping students
- Matt and I transition to discussing the different types of appeals and we will pretty much stay on the appeals topic until the end of part 3 of the interview
- We discuss why the high tuition, high tuition discount model is so popular
- Matt and I discuss the need-based appeal, and Matt tells us what the starting point is for him for the need-based appeal
- Matt and I continue with our conversation about a need-based appeal
- I share a story about how some colleges are not transparent when it comes to home equity and that can be a game changer
- Matt gives a shout out to a college that does a great job if your income changes from the base year
- Matt and I talk about the easiest way to win a need-based appeal
- Matt discusses whether it is best to make a specific ask versus a general ask when appealing for more money
- Matt and I discuss the importance of tone when you appeal
- Matt tells our listeners, don’t use the N word, but you have to listen to find out what the N word is
- Matt and I discuss the competitor appeal
- Matt gives some tips of how to know who is a good school for you to do a competitor appeal with
- Matt shares whether he recommends you send paperwork for one school or, or for no schools, or for many schools
- Matt gives more details about, what the appeal meeting with a financial aid officer looks like
- Matt and I talk about whether the student or parent should initiate the appeal process
- Matt and I discuss whether colleges lead with their best financial offer in the Early Decision round
- Matt closes with some great resources and a special financial offer for our listeners

