The financial aid appeal letter may be the most under-utilized step in the college admissions process.
Some families are finding new and innovative ways to save money regarding the high cost of college tuition. Scholarships and grants are one thing – but the inventive are often taking advantage of entirely unrelated conditions.
The recommendation letter is one of the most important parts of an application – but many students give it little thought. The truth is – What gets sent to can make a huge difference in the college admission process.
Let’s go over the best ways to make sure you get recommendations that can make that difference.
The importance of planning for all aspects of college cannot be overstated. Families must ready themselves for standardized testing, applications, admissions and rejections, financial aid, personal finances, and so much more.
There are countless articles about the price of a college education. Their chief subject – tuition costs.
Yet many of these articles tend to confuse college tuition cost with the net cost of college – which is what you will actually pay for an academic year. That’s one of the main reasons all U.S. colleges are now required to include a "Net Price Calculator" on their official school website.
While they’re designed to help parents and students estimate the amount of financial aid they could potentially receive from an institution (thus estimating the "net price"), the actual benefit for families is perhaps not very meaningful.
You would be hard-pressed to find a parent who did not want to receive some sort of aid for their college-bound children, but far too many never even attempt to qualify. In fact, many people assume that if they make too much money or have too many assets, then they have no chance of receiving any college financial aid.
Congratulations! You just received your acceptance letter – you're in! Or are you?
More and more colleges are issuing what are called early decision – a promise of a slot, provided certain criteria are met.
What does $35,000 in student loan debt do to a new college graduate?
Sometimes it means living with their parents, which can seem like a financial leash to both the graduate and the parents. For most of the graduates living on their own, they have to continue living on a college budget (or tighter) just to get by without having to take out more loans.
No matter how much you prepare for college, it's the sort of question that can keep you up night:
How can we afford college?
It's not just the ever-rising college costs, either... there's also all the attached spending. And if you have two or more children in school at the same time, the costs of going to top schools can really appear prohibitive. Today let's take a look at three of the best ways to shave tuition costs off your college bill – and make even the best schools more affordable.