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edifi


Question Posted Friday December 22 2006, 9:44 pm

should i trust the edifi program
my parents are paying for it
-is it really neccessary?
-my parents dont have any money so i would like them to waste money on something i dont even need right now


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rick505 answered Monday December 25 2006, 2:00 am:
what the edifi program does is save you time, if you lead a really busy life and have a hectic schedule and so does your parents the edifi program can be helpful because your paying someone to make calls, search the web, fill out forms etc. but if money is more important than time usage then there is no reason why you or your parents cant do this yourselves and save the money. the college you want to go to has people to help but they expect you to do your part which is not hard but time consuming.

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DangerNerd answered Saturday December 23 2006, 1:33 am:
Hi there,

What a good question!

It seems like there is a great deal of debate on this. Most of it seems to revolve around people misunderstanding what EDIFI does. They fill out forms for you, primarily, and help you understand things if it is your first time doing college paperwork.

In theory, this is NOTHING you can't do yourself, or with the help of a school guidance counselor.

The BBB (Better Business Bureau) has a questionable rating on them:

[Link](Mouse over link to see full location)

Here is a thread with comments which purport to be from EDIFI staff, among others:

[Link](Mouse over link to see full location)

Here is an undercover news story out of Denver Colorado:

[Link](Mouse over link to see full location)

... in which they are called "College Financial Aid Services," but appear to be the same group as EDIFI.

There are a LOT of interesting links at the bottom of this news story. Studying those will probably fix you right up.

Another news story:

[Link](Mouse over link to see full location)

Here is one from the Wall Street Journal, entitled: "Use Caution With
Scholarship Services:"

[Link](Mouse over link to see full location)

... which will clear things right up.

And another:

"Companies Offer Help With Financial Aid, but Beware of Overblown Claims:"

[Link](Mouse over link to see full location)

... And yet another:

"Services claim to cut college costs
Government cautions against paying for help:"

[Link](Mouse over link to see full location)

... all and all, I wouldn't do the EDIFI program after reading all this.

Most colleges have a financial aid officer, and staff, who's job it is to HELP YOU. They don't charge anything, and it is what they do for a living.

You know they are motivated, because if they can't get you financial aid, they lose a student, which means they lose money.

This whole thing smells bad, and if it were me, I think the money you would spend on this would be better spent on school.

If your parents have any doubts, show them the news stories I sent you to, and they can see for themselves that many people, including college professors, college counselors, the Wall Street Journal and the U.S. Government all seem to agree that services such as EDIFI are less than honest. Some sources come right out and call them a total scam and a rip-off.

Good luck,

DN.

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