Find out if there is anything else you could send to improve your chances. Therefore, it is not in the school's best interest to help you figure out how to maximize your child's financial aid. One of your strongest bargaining chips could be a better financial aid package from a comparable school. You might say, I'd really love to have my child attend your school, but the money is an issue. Meanwhile, these parents have thousands of dollars in outstanding credit card debt.
Student loans are great deals and compare favorably with other borrowing options.
The colleges' financial aid offices can tell you how to apply for these loans. The rate is set each academic year at the end of June. Some colleges have their own loan programs, which may have very attractive terms. Failing to understand the implication of every financial decision you make during the years you are sequin aid. From January 1 of your child's junior year in high school to January 1 of his junior year in college, any decision you make could ruin the chances for aid in the next year.