Get Financially Fit! | College on a Budget
Posted: August 30, 2016
College on a Budget
Quick Tips and Basics to Get You Educated on the Cost of EducationBy Latacia Greeley, Office Supervisor
Eau Claire Office
WESTconsin Credit Union
- Scholarships and grants are free money. Who doesn’t like free? There are several businesses both public and private along with most schools and organizations that offer numerous scholarship opportunities. Get on the web and start searching.
- Fill out your FAFSA (Free Application for Federal Student Aid)! The federal government utilizes this for need-based loans first, which are the ideal. Depending upon the gap in what’s left, you can opt in for non-need based loans, state loans, or private loans.
- Work-study or on campus opportunities are a great way to stay involved, make some cash and potentially be eligible for tuition reimbursement or additional scholarships or grants.
- Top ACT/SAT scores will put you at an advantage. It allows you the opportunity to be choosy. Just like a strong credit score strengthens your lending power as a consumer, top test scores strengthen your bargaining power as a student.
- Get involved in your school and community. By gaining support for your cause, creating the brag bank and having positive material for your many scholarship applications, remember to sell yourself!
- Application central! Applying at numerous schools provides opportunities for you to be recruited. Be sure to carefully review benefit packages and compare opportunities after careful review. Look for perks and consider all financial aid options.
- Understanding student loans helps ensure you make the best decisions for your situation. U.S. Department of Education has multiple resources available along with your school’s Financial Aid Office. Visit them on the web and be sure to attend high school and college financial aid meetings.