10 Questions for the Financial Aid Office
Each college had its own set of rules and policies governing financial aid – how outside scholarships are treated, whether aid awards can be approached – information that may or not appear in their brochures. As you check out the colleges on your list, don’t forget to email, call or visit the financial aid office.
- What is the average total cost of attendance (tuition and fees, books and supplies, room and board, travel, and other personal expenses) for the first year?
- By how much should I expect my costs to increase each year? How much have tuition, fees, room and board increased over the last three years?
- Does financial need have an impact on admissions decisions? How is financial aid affected if I apply via an Early Decision or Early Action program?
- Does the school offer need-based and merit-based financial aid? Are there other scholarships available that aren’t based on financial need? Do I need to complete a separate application for merit-based scholarships?
- What is the priority deadline to apply for financial aid?
- When will I be notified about financial aid award decisions?
- If the financial aid package isn’t enough, can I appeal? Under what conditions, if any, will the aid office reconsider the offer?
- How will the aid package change from year to year? What will happen if my family’s financial situation changes? What will happen if my enrollment status (or that of a family member) changes?
- What are the academicrequirements or other conditions for the renewal of financial aid, including scholarships?
- When can I expect to receive bills from the college? IS there an option to spread the yearly payment over equal monthly installments?