What are some questions to ask about financial aid?
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What are some questions to ask about financial aid?
Questions to Ask Your Financial Aid Office
- What types of financial aid do you offer?
- If I’m awarded a scholarship, will it change the amount of aid you can offer me?
- Does your school have a deadline for FAFSA submission?
- When will I know how much financial aid I’ll be eligible to receive?
What does a college financial advisor do?
A financial aid advisors, also known as financial aid counselors or officers, advise students and parents on the financial aid application process and offer information about aid programs suitable for them.
What are some financial questions you should answer before you go to college?
Top 7 Financial Questions to Answer Before Starting Your College Applications
- “How much can my family and I afford to pay for college each year?”
- “How can I use net price calculators to estimate the amount each college will cost me?”
- “How much is a reasonable amount to borrow in student loans?”
Do colleges give more money if you ask?
Yes, financial aid is negotiable. “There is very little downside to asking, so you might as well make the request,” says Shannon Vasconcelos, a college finance educator at College Coach. She estimates that negotiations are successful in about half of the cases she’s seen, so it’s worthwhile to put the effort in.
How do I ask my college for more financial aid?
Contact the school to be sure you address your letter to the appropriate office. If it’s a needs-based appeal, contact the financial aid office to ask for more aid. If it’s a merit-based appeal, contact the enrollment or admissions office.
Can I use fafsa money to buy a car?
You cannot use student loans to buy a car. You also can’t pay for the purchase of a car with financial aid funds. In particular, a qualified education loan is used solely to pay for qualified higher education expenses, which are limited to the cost of attendance as determined by the college or university.
Are college advisors free?
College planning support programs are an additional resource for you, your parent or guardian, and your school counselor. The opportunity to receive college planning guidance is offered to you at absolutely no cost.
How do I financially plan after college?
Here is a brief list of some of the best financial planning tips for new college graduates:
- Create a budget.
- Get health care coverage immediately.
- Pay off your credit card debt.
- Consider consolidating your student loans.
- Build up a “rainy day” fund.
- Pay yourself first.
- Start investing right away.
- Consider moving back home.
How do I ask my family for college money?
- DO Ask Close Friends and Family.
- DON’T Ask For College Fund Money On Event Invites.
- DO Ask For Something Tangible Also.
- DON’T Return Gifts to the Store.
- DO Use Technology That Allows Direct Contributions.
Can you negotiate college tuition?
Is College Tuition Negotiable? While it’s not widely advertised by schools, the short answer is yes, it’s possible to work with a college or university to get a better deal on tuition, fees, and other costs of attendance. This is something you may be able to do whether enrolling in a public or private university.