We all know common sense is not always common practice and that includes making the right decisions when planning for college. No parent wants to delay their retirement to pay for college nor do they want massive student loan debt for themselves or their students…but why do so many students graduate with loads of student debt and retirement funds are at a record low!?? Financial aid is not reserved for the financially challenged only but for the wise. There are many important factors that impact you financial aid eligibility and luckily for you many are within your control. Lets focus on the WHY for now. There are 5 uncommon reasons I briefly go over in this video that every family should become aware of when it comes to applying for financial aid regardless of household income and net worth.
- Private Scholarships
- High Income can still qualify
- Favorable Loans and Interest
- Increase Acceptance Odds
- Merit Scholarships
These are some uncommon reasons that I explain in more detail in the video. I hope this helps. What you don’t know can cost you!