Do you have kids about to head off to college? Or younger kids you hope to send to college in the next 5 or 10 years? Then you need to start learning how financial aid works – and this could be a very eye-opening lesson!
If you haven’t yet had any experience with the financial aid process, you may be blissfully unaware of just how stressful and often disappointing this can be. You may also be in for a big letdown, especially if you assume (or at least hope) that good grades will be enough to help your child gets lots of aid.
Believe me, I know – because I thought the same thing. Boy, did I get a get wakeup call.
Like many other families, we were already on a very tight budget, even before college costs entered the picture. We chose a public school and hoped that selection– coupled with our kids’ good grades and our relatively modest income – would lead to a nice financial aid package, and maybe even some good scholarships. When that didn’t materialize, we were forced to scramble and come up with some creative ideas (and yes, some desperate tactics) to keep our kids in school while faced with overwhelming tuition bills.
I have since learned some hard lessons. I’m sharing my experiences and advice with you in the hopes that it might save you lots of disappointment, aggravation and perhaps even some money. You see, there are ways to increase your odds for financial aid. There are also ways – perfectly legal ways – to “work the system,” and plenty of people do it. Whether you feel comfortable using these tactics is your decision, but I feel you should at least be aware of how the system works so you can make your own choice.
We’ve compiled the lessons we’ve learned into a series of short, easy-to-read special reports. The first two are available now:
– Financial Aid Basics You Need to Know
– Five Things that Affect Your EFC (and How to Work Them to Your Advantage)
Plus, as a special bonus, we will throw in a FREE extra mini-report showing you how you may be able to get your school to adjust your EFC, making you eligible for more aid.
These reports are normally $5 each, but for a limited time we’re offering both – plus the free bonus report – for just $5.99 total.
Note: Proceeds from anything sold on this site will go towards our sons’ college costs.