Managing Finances

Unfortunately, federal aid isn’t distributed on whether or not your parents want to pay for your education; it all depends on if they can. Parents have many reasons for not contributing to their child’s education: can’t afford it; it’s the child’s responsibility; sticky divorce. But your parents refusal actually hurts you more than they may know.

While preparing for college or even during those college years, parents and students will most likely find themselves trying to determine exactly how they will be able to pay for college. Many public colleges and universities cost thousands of dollars, while private colleges and universities can cost much, much more just to attend. Add cost of living, books and other needs and the costs of a college education reaches huge numbers very quickly. Read this article to explore the many available financial aid options and where to go online to learn how to apply.

START EARLY
- The more time you give yourself, the better off you will be.
- If possible, start the process at least two years before you need the aid.
- Always remember that you should apply for scholarships about a year before you will receive the aid.