GW: On The Fence

happymomof1
Sat, 20 Jun 2009 11:08:27 +0000

Each college and university gets to determine how it will meet your financial need. Even if your EFC is 0. If you need serious money to pay for your education, you can’t afford to fall in love with any one college or university. You can’t afford to apply ED. You have to take the time to develop a list of options, apply broadly, and then compare the financial aid packages in April.

College A may cough up full room+board+tuition+fees+books+pocket money in the form of scholarships. College B may assume you can earn $X in the summer to cover your books+pocket money, and award you scholarships for tuition+fees, work study for board, and loans to cover your room. Colleges C-Z will have even more options for you to consider. Give yourself the opportunity to find out what all of the options are.