Students are faced with the prospect of crippling student debt when they consider a college education. If you find yourself worrying about how much college will cost you and wondering how to lower tuition, you do have some options.
Firstly, you need to set yourself up for success by researching affordable colleges and your potential financial aid offerings. The first step is filing your FAFSA®.
File Your FAFSA®
You can file FAFSA® fast, easy, and free with Frank. Simply start your application, and in many cases, you’ll be done in under 30 minutes.
You’ll need your tax documents as well as your parents. You can view a full checklist of what you need here.
The FAFSA® will provide each school you list with the information they need to put your financial aid package together. The school will then send you an Award Letter, which should outline your package.
Receiving an award letter from multiple schools allows you to make the smartest financial decision.
College and University Tuition Considerations
Every school has a different tuition setup. Some students choose to go to community college to save money before they transfer to a four-year university.
Others choose four-year colleges with lower tuition and discounts for in-state students. Whatever you decide, choosing a college is as vital to your financial success as your education is.
Apply for Scholarships
Another great way to get money towards college is to apply for scholarships. There’s no limit to the number you can apply for. Any little bit of aid helps, so don’t be afraid to apply for even the smallest scholarships.
Lowering tuition costs might seem like an overwhelming task. But it is possible! Set yourself up for a bright financial future by doing your research.