As a student (or parent) it can be easy to focus solely on the college application process, and completely forget about financial aid.
Many of us rely on financial aid to bridge the payment gap. Financial aid may come from multiple sources, including scholarships, grants, work-study, federal student loans, and private student loans.
An online survey of students and parents found 72% of college families in 2021 relied on scholarships and grants to cover a portion of college expenses, according to Sallie Mae’s study.
May 1 is usually decision day, the deadline when prospective college students must decide which college they plan to attend in the fall.
You might be able to take advantage of summer melt with this secret: write a letter. After you get your financial aid offer, you could write a letter to your school’s financial aid.
Another way to potentially take advantage of summer melt is to call your school’s financial aid office.