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Pop Corn Friday: October 9, 2009

A college’s perspective on college funding

You’ve done internet research.

Attended numerous college fairs and financial aid nights.

Bought all the “How to Get Into College” books and the 3 inch thick books of scholarships.

And yet, you have a suspicion . . .  that everything you’ve already done and learned will help get your child into college but may not be helpful to you, the parent, in putting together a strategy for paying for college. 

You’ve already invested considerable time, energy and money. 

Your hopes and dreams for your child’s future are tied up in his getting into and graduating from college and your being able to pay for it all.

 

In this week’s Pop Corn Friday’s College Video of the Week

We often talk about going to college being a partnership.

In this week’s Pop corn Friday video, we have Douglas Christiansen, Vanderbilt’s associate provost for enrollment and dean of admissions at Vanderbilt University explaining the financial aid process from a college’s perspective.

It is giving you some of the factors to consider when applying for financial aid. 

Here are the 12 items discussed in the video

  1. What you need to do to apply for financial aid.
  2. What if you are uncomfortable talking about your finances?
  3. What are the steps you need to take?
  4. Question you should ask a financial aid office
  5. What is EFC and how does it affect me?
  6. Explanation of FAFSA and CSS Profile
  7. Do you need to feel out the financial aid forms?
  8. Should you look at the sticker price of college before applying?
  9. Where does financial aid come from?
  10. What are some of the unique programs that colleges have implemented recently to help families pay for college?
  11. Would it impact my chances for admission if I ask questions about financial aid?
  12. Is it worth applying for financial aid?

The bottom line is “You miss 100% of the shots that you don’t take” so if you want financial aid, apply for it.

If you learned something more about college funding from this video, please sign up for our RSS feed to get the latest notification of weekly video additions on college planning.

 

Quote of the Week

Opportunities are never lost; someone will take the one you miss.
~Author Unknown

 

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