How to Figure Out Alternatives for Financial Aid
As summer melts into fall, students around the country will be heading off to college, looking forward to new classes and new learning experiences with great anticipation.
But some students may greet the new school year with worry instead of excitement. What if a student’s financial aid falls short of their college costs? What can they do?
The U.S. Department of Education suggests to those students to do the following:
1. Keep on researching scholarships. Even if the deadline has passed for those scholarships, the student may be able to apply for them for next year.
2. Work out a payment plan with the school’s billing office.
3. Ask the school to reevaluate your family’s finances if a recent change has occurred, like a divorce or a job loss.
As long as students remember to consult resources like their college’s financial aid office, there are always options open for financial aid.