Top 5 Myths about Paying for College

 

Don’t fall victim to these myths! 

1 My family makes too much money to qualify for financial aid.  
  
This is one of the biggest myths out there. You may not qualify for aid at one school, and qualify for lots of money at another school (see blog - How Do You Get Money for College?).  
  
2. It costs more to go out-of-state than to stay in-state.   

Not so. With increased tuition rates in many states, it is not always cheaper to stay in-state.  There are out of state tuition waivers available for many students. Also, colleges offer scholarships to students for athletes, scholars, certain majors, leadership, and other categories. Don't narrow your list of colleges to just in-state schools.  
  
3. It cost more to go to a private school than a public school. 

Not necessarily.  Each family situation is unique and you may find it will...

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How Do You Know How Much You Will Pay for Your College (Need Based Aid)?

 

Paying for college is often compared to paying for airline tickets. No two people pay the same price. What will your costs be at college? How much you pay for college depends on so many factors.  Knowing what those factors are, and how college will look at your family’s financial situation, will help you know what the price of your “college” ticket will be. Knowing how it will differ from one college to another will help you compare one college to another.
 
How do I know if I am eligible for financial aid?

What do colleges look at to determine how much you pay for college? The FAFSA or Profile forms are used to determine how much your family can contribute to your college education. The forms include questions to find out: 

  • How much income your parents make
  • How much income you make (if any)- even babysitting counts
  • How much savings or investments your parents have
  • How much savings you have in your name

What is an “Expected Family...

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Top 10 Factors to Consider for Your “Perfect” College

 

Here are the Top 10 factors to consider for your “Perfect” college:

Academics: How important is this factor to you? If you know your major, that should be a requirement What about special programs such as honors, study abroad, senior projects? Also consider the learning environment. Is the campus on semesters, quarters, or offer a May or January term? How do you learn best?

Climate: Think about what climate you will want to live in for at least three seasons of the year while at college. If you have never lived through winter in New England, think about how you will feel about months of snow, rain and later a very muddy spring. Or visa versa, how will a lot of heat and humidity feel for days on end. Will you melt? Climate can make or break a school.

Size: Think about what size college you would like to attend. Attending a school with 20,000 undergrads is not for everyone! What is your comfort zone?

Location: Think carefully about what type of area are looking...

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