FVL Guidance Department
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Guidance Home Page - Counselor
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Ten Great Financial Aid Tips
Tip 1: Prioritize your efforts, starting with the federal government. Then turn to the private sector for additional assistance.
Tip 2: Learn all you can about the college financial aid process. Be sure to meet with your aid administrator and establish a relationship.
Tip 3: Submit a FAFSA, even if you don't think you qualify for aid. Being rejected for federal aid is sometimes a prerequisite for private awards.
Tip 4: Apply for aid as soon as possible after January 1. The early bird always gets the worm - and sometimes the scholarship!
Tip 5: Inform financial aid administrators about atypical family expenses. Certain allowances may be made to assist you.
Tip 6: Take advantage of tuition prepayment discounts. Some colleges offer up to a 10% discount for early payment:.
Tip 7: Money from grandparents should be paid in your name directly to the school. This avoids gift tax liability.
Tip 8: Investigate company-sponsored tuition plans. Many employers will invest in the education of their employees.
Tip 9: Apply! You can not win awards or receive funds for which you do not apply; so pay attention to deadlines.
Tip 10: Use scholarship search engines like fastWEB to help you find the private sector assistance you need!