Posts Tagged Financial Aid Office

College Bound Students Affected by Economic Downturn

High school seniors are faced with the daunting challenge of selecting a college. The current economic downturn is altering their college choices. In many cities unemployment is over 5 percent and some parents cannot afford the colleges that students are selecting as their first choice. Colleges are affected too. Students are comparing their financial aid packages and going where the money leads them. Some college admission experts say that this may not be the best way to make a college choice.

Students are submitting multiple applications using websites like commonapp.com They want to know that they have options. It is not unusual for parents to take their students on an east coast college tour. The students and parents will visit five or six colleges to determine the one that is the best fit for their particular interest and financial circumstance. This can be an expensive venture if the colleges require airplane flights that are far distances. Some parents and students are making a decision to stay close to home. They can reduce the cost of travel and some of the living expenses that are increased when a student is studying at a college that is away from home.

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How To Use Your Current Financial Aid Award To Get More Free Money From Connecticut Colleges

Every spring there are thousands of Connecticut parents of college bound high school students who are devastated when they realize that the awards letter that they received from the colleges that their child applied to are substantially short of meeting the true cost of attendance. This happens because the college’s award letter does not meet the student’s financial needs either in the total amount of aid or in the type of aid and the student can appeal the award on that basis to the college.

Every college has an appeal process that allows students to request a review of their financial aid eligibility and corresponding financial aid award offer. But before you go and contact each college then remember that each college determines its own regulations for this process, and be ready to be on your best professional behavior in order to get your appealed approved.

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