Get an Estimate
Many schools offer a Financial Aid Estimator service. Complete a short form with basic information about your family’s financial circumstances in the fall of your senior year and get a quick estimate of your aid eligibility at the college of your choice! This allows you to realistically assess the affordability of a school early in the admissions process.
Cash in on Your Grades
Even if you are not a straight A student, you may qualify for a merit scholarship. For example, at The University of Tampa, students with a 3.2 or above GPA receive scholarships ranging from $6,000 to $9,000. There are also many special talent scholarships available in athletics, performing arts, music, art, life sciences, etc.
Search for Scholarships
Contact your guidance counselor for help on where to search for scholarships. Other good sources are FastWeb.com, the College Board Financial Resource Center, where you or your parents work, local community organizations, etc.
Apply to College Early
The earlier you apply and are admitted to college, the more aid you are likely to receive. Colleges have limited resources. Many award financial aid on a first come, first served basis. So be aware of deadlines and don't miss out!
Apply for Aid Early
Check out what financial aid applications are required for each school. To qualify for any type of Federal grant or loan, most schools require your family to complete the online FAFSA (Free Application for Federal Student Assistance) as soon after Jan. 1 as possible.
Get to Know Your Financial Aid Counselor
A face is always better than just a name on a file or form. The counselors in the financial aid office are there to help, so introduce yourself to your financial aid counselor when you visit the campus.
Ask About Student Employment
Explore your eligibility for both Federal Work Study as well as student employment either on or off campus. The University of Tampa, for example, offers students more than 500 jobs on campus. Most students work 12-15 hours per week and earn several thousand dollars during the academic year to help pay for books and living expenses.
Tuck Away Money
Save as much money as you can to help pay for college expenses. It could mean fewer loans to repay when you graduate. Every student qualifies for some type of no-interest or low-interest loan. Minimally, freshmen may borrow up to $5500 from Uncle Sam. Parents can also borrow up to the cost of your education minus financial aid.
Pay as You Go
Most colleges have installment payment plans which allow you to spread tuition costs over a 10 or 12 month period. There is usually a small flat participation fee. So if cash flow is a problem, this is the way to go!
