The 15 Questions You need to Ask In regards to a College? s Financial aid Program

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By either reading the college? s written materials on grants for single mothers or talking to among the college? s aid counselors, you ought to get clear and decisive answers to the following fifteen questions: 1. May i get an early estimate of the type and quantity of aid I might receive? 2. Do I need to fill in a school-specific aid application as well as the FAFSA? 3. Can you give both need and merit aid or are you a need-only school? 4. If you give merit aid, what are the eligibility standards for your scholarships? 5. Will applying for aid affect my chances of being admitted? 6. Once you calculate my need, typically what percent can you meet? 7. For your average award, what percent of the total package is scholarship grant? 8. Easily am assigned a work-study or other campus job, how may hours per week can you expect me to work? 9. Do you want to expect me to work in the summer? If that’s the case, simply how much will I need to earn? 10. When evaluating my parents? power to pay, can you range from the value of the home? 11. If my family includes a special circumstance, like providing support to a sick or elderly member of the family, are you going to simply take that into consideration? 12. When looking at student savings, what percent can you be prepared to go towards my education? 13. If my family encounters a financial hardship after i enroll, is it possible to help me? With what type of aid? 14. Simply how much can you use in the student cover books and personal expense? Can you include an allowance for travel? 15. How are you going to adjust my aid award basically win a scholarship from an external source?