Financial Aid for Upper MIddle Class

cptofthehouse
Thu, 09 Jul 2020 22:11:29 +0000

It’s time to have a talk with your parents on how much they are willing and able to pay for college for you. It’s also time to get the information you will need to complete Net Price Calculators at various schools snd find out what your gap is likely to be.

If the gap is more than you can personally cover with Direct Student loan ($5500 freshman, increasing to $7k senior year) and what you can expect to earn in summer and part time work, then the school is unaffordable unless there are some scholarships , non need based that will cover your That gap. If you are eligible for financial aid, be aware that such merit scholarships often reduce need so you may not be able to stack need and merit money.

Start looking for schools that are affordable, or can be. Cost is a big issue in college choice for most students.