Types of Financial Aid
Financial aid includes grants, scholarships, work study, and loans. Grants and scholarships do not need to be repaid, making them the most desirable forms of aid. Work study provides part time employment opportunities, while loans must be repaid with interest. Understanding these categories helps families evaluate award letters effectively.
Completing the FAFSA and CSS Profile
The FAFSA determines eligibility for federal aid, while the CSS Profile is required by many private colleges. Completing these forms early ensures access to the widest range of aid. Families should gather tax documents, financial records, and household information before applying.
Comparing Financial Aid Offers
Award letters vary by institution. Students should compare grants, scholarships, loan amounts, and work study requirements to determine the true cost of attendance. Net price calculators can help estimate affordability.
Planning Ahead
Understanding financial aid early allows families to make informed decisions and avoid unexpected expenses.
Additional Radiology Topics
Researching Colleges Effectively
Building a Balanced College List