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Paying For College

Paying For College

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When I decided to go to Graduate School, in an event echoed thousands of times across the nation, I nearly had a panic attack (and change of plans) when I saw the price tag. College, whether graduate or undergraduate, is an expensive prospect. It has only gotten more expensive since the Recession started and state governments had to start cutting back on aid to students and universities. That said, there are still many ways in which you can find ways to pay your way if you're planning on becoming a new (or new again) student.


The first step any student-in-waiting must take is filling out the Free Application for Federal Student Aid (commonly known as a FAFSA). Sometimes filling out the FAFSA can be a lengthy process; depending on your situation, you may need your parents' tax information and you will definitely need your own. The most important thing you can do is answer all of the questions honestly and to the best of your ability. Dishonest answers could result in the loss of whatever aid you were given (or worse—having to pay it back). As a final step in filling out the FAFSA, you will also need to apply for an online PIN or print out the final copy and mail it in. Be sure to pay attention to the deadlines, as either obtaining your PIN or mailing a final copy will take at least a few days. Like most other phases of the college application process, rushing your financial aid application does very little good.

 

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