The last and probably the most important part of the college application process is your college budget. You need to find out how much your parents are willing to pay towards your Undergraduate degree and along with your graduate studies (PA school) if applicable.
-
Do they have a college savings account for you? Do they have a 529 Plan? Can they contribute from their own savings or current earnings?
-
Calculate your EFC (estimated family contribution). This amount will be the minimum you and your family is required to pay toward your college expenses. It also determines if you will be eligible for Federal financial aid.
-
Run the Net Price calculator on all schools of interest to determine your estimated costs.
-
Remember you as a student cannot take out more than $27K for 4 years of undergrad so make sure all schools you apply will be affordable.