Financial Aid
A Word About Financial Aid and Scholarships
* Colleges and universities expect you and your family to contribute as much as you are able to the cost of your education. They will do their best to bridge the gap between what you can afford and what the college costs.
* Read each college’s brochure carefully to determine which forms to submit and when to submit them.
* Submit all forms as early as possible. Keep copies of all forms you send.
* Call the school’s financial aid (loans) office or scholarship office to inquire about the availability of funds.
* Financial aid is based primarily on need. To determine what your need is, the institution may require that you fill out the Free Application for Federal Student Aid (FAFSA) and/or the College Scholarship Service PROFILE.
* To obtain a CSS PROFILE application, register for the service by completing the registration form on-line or by phone.
* Neither financial aid form can be completed before January 1 of the student’s senior year.
* Be wary of firms offering computer searches for scholarships. Contrary to popular belief, there are not great untapped sources of money available to most students.
* The amount of financial aid you need usually does not affect your admission to that institution. However, check to be sure the institution has a need-blind policy.
* Remember that colleges often offer several merit-based scholarships. Apply, Apply, Apply.
* Be proactive. Research corporation and institution scholarships the summer before your senior year.
* Do not let the cost of a college, especially a private college, deter you from applying Financial aid may make attendance at that institution comparable to the expense of a less costly institution.
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