Perhaps the biggest mistakes parents and students make when scoping out the mountain is thinking they are totally out of shape. Lee Sirois, Director of Financial Aid at American International College knows this from years of talking to college-bound students and their parents in the many high schools he visits each year. He instills in his audiences the idea that they are the consumer buying something expensive and that they are in the driver's seat in a buyer's market. In the same vein, Ron Laszewski, Director of Financial Aid at Bucknell University, who also frequently speaks to parents and students about financial aid, says you must be a savvy consumer and not necessarily go for the lowest cost. Buying a college education in some ways is like buying a car, although he sadly reports that often people will put a lot more effort into comparing car models than they will on researching financial aid.
Higher education is a tremendous tapestry.
Not researching the best kind of financial aid for each individual is like picking a car based on the color of the upholstery. On time Become familiar with what financial aid is. Sirois points out that less than twenty percent of parents in their 40s and 50s, who are now sending their children to college, have college diplomas. It wasn't until the 1960s and 1970s that the first major financial aid laws were passed. Thus the whole structure of financial aid is relatively obscure to a lot of parents.