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Financial Planning / Paying For College


Subject:  Re: financial aid Date:  7/15/2013  11:03 AM
Author:  PSUEngineer Number:  8058 of 8480

What is the best way to check out available financial aid? Or, perhaps I should ask, what's the best way to find schools that are more likely to have generous aid packages?

As already mentioned, you may not know the full aid until you apply. We have not found one source that provides all the information that you are seeking. You have to do a lot of leg work (or finger work) searching the websites of various universities or colleges. When we searched for our older daughter, we found that some smaller colleges offered scholarships that would bring down the cost to match our local university. For example, one university in VA offered my daughter $20k per year that would bring their cost of $41k down to the level we are paying for an in-state university. Also the University of South Carolina was offering in-state rates to NC students who met certain grade point and SAT scores.

You should also look for every little scholarship you can find. Since your daughter is of Asian descent, it wouldn't surprise me there is some kind of scholarship for kids of Asian descent. My daughter received a scholarship from a group that supports daughters of Italian descent.

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