Our last student
installment from Barrington Bennett,managing College Costs and Financial Aid.
Probably the
most important thing in applying to school is MONEY. Unfortunately, many
students are accepted to their #1 school but sadly cannot attend because of the
school’s expensive tuition. However, there is a lot of free money out there to
help lower these high, expensive college costs. The three types of free money
are: scholarships, grants, and financial aid. Both scholarships and grants are
merit based while financial aid is specifically need based. Most colleges
actually have a financial aid calculator on their websites, which allows one to
actually see how much financial aid the school would be willing to award them
based on their financial situation. The hardest part about applying for grants
and scholarships is actually finding them. The easiest tool to use is
fastweb.com, which updates everyday and tells you the scholarships which you
are eligible to apply for. The best tactic is to apply for as many scholarships
as possible and recycle your essays, since most scholarships ask the same or
similar essay topics.
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