Playing And Winning The Financial Aid Game

OK, you don't have a 4.0 GPA, you're not the seniormore) of their tuition revenue in the form of institutional
class president, you can't throw a football fifty yards,financial aid. When these funds are factored in, private
and your SAT scores aren't generating letters orcolleges may ultimately be little or no more expensive
phone calls from Harvard, Yale or Princeton. So, you'llfor some students to attend than public colleges and
never qualify for a college scholarship, right?universities with lower published fees.
Not necessarily! There are lots of scholarships, andIf you can demonstrate financial need, as established
other kinds of financial aid for which you might qualify.by your answers on the FAFSAform at , you may
Some colleges may offer you academic grants with awant to apply to at least a few colleges which meet
GPA of 3.0 and SAT scores of 1000. Ashland100% of demonstrated financial need and do so with a
University offers scholarships to twins. Many churchreasonable proportion of gift aid to self-help aid (loans
affiliated colleges offer grants to students who areand/or work-study funds). Take note that although
members of their religious denomination. And that's justsome relatively small number of colleges will meet the
the beginning.full need of all enrolled students, many more will be far
If you are the son or daughter of a military veteran, ifmore likely to meet or nearly meet the full need of
either of your parents work for a major corporation, ifstronger students.
your mother or father is a member of a fraternal orTo position yourself well to be a competitive candidate
civic organization, or if you are preparing for a careerfor scholarships, students should take the most
in a particular profession, there may be substantialchallenging classes available, work diligently to learn as
scholarships for which you can apply, even if you'remuch as possible (not just to get grades), and get
not a top student or student leader.involved in co-curricular, community, charitable and/or
Are you good at writing essays? If you are, yourpublic service activities. Here's a good rule of thumb for
writing skills may be the ticket to a scholarship. There isall students; the more you have to offer the more
even a scholarship for students who agree to abstainyou're likely to be offered.
from using tobacco and alcohol while in college.Remember three words...research, research, and
You may even qualify for a scholarship because ofresearch. The more time you spend investigating
where you live, your last name, your ethnic heritage orscholarship opportunities, the more likely you are to find
race, or a disease or handicapping condition you mayscholarships for which you may be eligible.
have. Get the idea yet? There are all kinds ofDon't let anyone discourage you. There are lots of
scholarships, grants, and financial aid programs outpeople "out there," including some educators, who are
there. Some require economic need or have otherinadvertently spreading their serious misconceptions
restrictions, others do not.about who may qualify for financial aid and what is
You can search through hundreds of thousands ofrequired to do so. Most important of all, do not fail to
possible scholarships (free!) in more than twentyinvestigate or apply to a college you like because you
different data bases at While you're there, you canthink it is too expensive. That is one of the most
sign up for a free email newsletter with articles oncommon and worst mistakes a family can make.
college admission, scholarship and financial aidRemember, you never know what kinds of
programs, college survival tips, and incomescholarships and/or financial aid you might receive.
opportunities for college students.However, just like you should have "fall back" or
At you'll find scholarships given by individual college to"safety" colleges in case you are not admitted to your
all enrolled students meeting the listed criteria.first choice institutions, you should choose and apply to
Student-athletes may visit to find the informationcolleges that will be affordable if you do not receive
needed to secure an athletic scholarship (or anthe financial assistance for which you hope.
opportunity to compete in a Division III or otherObvious as it may be, I feel obligated to remind you to
non-scholarship program).pay attention to details and deadlines when applying
Don't forget your school counselor, as he or she canfor scholarships because so many students fail to do
be a great source of information about localso. I could hardly believe it when an independent
scholarship sources. In fact, most high school guidanceeducational counselor who probably earns in the
offices maintain a list of locally based scholarships.neighborhood of $1,000 for helping a student identify
Parents and students would be well advised toand gain admission to appropriate colleges asked (on
explore the range of scholarships for which they mayan email list serve) how many words above the limit
qualify as early as the ninth or tenth grade so they canone of her counsulees could go on his college
plan to meet the requirements of as many as possible.application essay. Don't make the mistake that she did
You should be aware that many private colleges offerby assuming there will be no penalty if you "come
substantial scholarships and grants in order to be moreclose" to the requirements or are "only a few days
competitive with lower cost public institutions and/orbeyond the deadline". If you don't pay attention, be
attract students who might otherwise enroll elsewhere.prepared to pay for your mistakes.
These monies are often offered to students with veryBut, do it right and you have a great chance of getting
little or no demonstrated financial need. In fact, manysome scholarship and or financial aid help. Good luck.
private colleges frequently "rebate" 30%-35% (or