Monday, April 25, 2011

Not Enough Aid? What to do Next

So you’ve gotten your financial aid award package from your schools but you didn’t get as much federal aid as you had hoped. Now what? Well, there are some other financial options for you to consider.

Scholarships can be a great way to fill the gap between the aid you received and the aid you need. ScholarshipPoints.com gives away monthly $1,000 scholarships, and the best part is, it’s open to all students enrolled in college! There are none of the restrictions that most other scholarships have, if you participate, you can win! The program is pretty simple too- you earn points by completing surveys, or reading blogs, then you can enter these points into our monthly drawings! Easy as pie. PLUS, there are quarterly $10,000 drawings, so there’s really no reason no to join.

If you’re looking for even more outside scholarships, check out StudentScholarshipSearch.com. More scholarships are added everyday and students can search for scholarships that are applicable to them. Check out the new scholarships section for recent postings of scholarships currently accepting applications.

If after exhausting these resources you still find that you have come up short, this is when you should consider taking out a private student loan. Not all private loans are made equal, so shop around and compare loan lenders to see what options are best for you. You should look into things like interest rates, cosigner qualifications, and repayment options to see what best meets your needs.

Wile not everyone qualifies for a student aid appeal, in some cases, students can request more aid from a school for a variety of reasons. Maybe the FAFSA doesn’t accurately represent your financial situation or it doesn’t take something into account. Visit the webpage of your school’s financial aid office or speak to a financial aid officer at your school for more information on how to appeal for more aid. Quick tip: you can search for your school on HowToGetIn.com to find any relevant phone numbers!

Hopefully, these resources will be helpful to you as you search for ways to fund your education!


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