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UNDERSTANDING COLLEGE COSTS

When compiling your college list, it is crucial to carefully consider the cost of attendance, which is equal to the sum of all direct and indirect costs of attending a college minus any scholarships and grants that you may be offered.

The PRESENTATION here presents a summary of key information regarding college costs and financial aid.

Let’s talk about the cost of college education and various financial aid opportunities available to you.

Financial Aid & Scholarships!

FINANCIAL AID INFORMATION

From the slides shared above, you should be able to understand:

  1. Direct and indirect costs of college attendance. Additionally, the cost of attendance at some key colleges and universities is also listed >>HERE<< sorted from lowest to highest. Remember this data is not up-to-date, so the exact expense will vary. However, this document is meant to be used as REFERENCE ONLY and provides a good starting point for you to begin your college list.

  2. What is financial aid?

  3. Two types of financial aid applications – FAFSA and CSS.

  4. Steps to start the financial aid process and the eligibility criteria. CLICK HERE to create your FAFSA profile

  5. Steps to create the CSS profile – This is MORE detailed than the FAFSA profile. CLICK HERE to create your CSS profile.

  1. What are scholarships?

  2. Role of parents in improving the prospects of your student to secure scholarships

  3. You can use the tools available online to approximate your award. One example is FAFSA 4CASTER

  4. Key terms of the Financial Award Letter

  5. The importance of parents’ support and engagement during the entire process. Look for summer programs held on the campuses of colleges you’re considering (preferably programs that allow you to earn college credit).

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INTERNATIONAL STUDENTS

The following information pertains to the students and families who are NOT US-residents or green card holders.

Watch this VIDEO below for important updates on the cost of a college education for international students and the financial aid opportunities available to them.

NON US-RESIDENTS DOCUMENT

The information in the video above can also be read on these SLIDES. to review the list of summer programs available to you and recommended by EduPlan.