College Financial Aid & Scholarships
The cost of higher education at both public and private institutions continues to escalate. Many of the more expensive schools can become affordable if there is sufficient financial need-based assistance available.
Regarding cost, a college education should be viewed as a major life-time investment; one that will appreciate over time and add to a higher quality of life.
Financial need is determined by subtracting what the parent and student can afford, EFC (Expected Family Contribution), from the total cost of attendance.
Financial assistance can include loans, grants, scholarships, and work opportunities. There are three basic financial aid application forms to be aware of: the Free Application for Federal Student Aid (FAFSA) which is used by all colleges; the College Scholarship Service PROFILE which is used primarily by private institutions, and an institutional form that an individual college may have created itself. Be prepared to complete any combination of these forms if you are applying for need-based financial aid. You are required to complete these forms online.