By either reading the college’s written materials on fi nancial aid or speaking
with one of the college’s aid counselors, you should get clear and decisive
answers to the following 15 questions:
1. Can I get an early estimate of the type and amount of aid I might receive?
2. Do I have to fi ll out a school-specifi c aid application in addition to the FAFSA?
3. Do you give both need and merit aid or are you a need-only school?
4. If you give merit aid, what are the eligibility standards for your scholarships?
5. Will applying for aid affect my chances of being admitted?
6. Once you calculate my need, typically what percent do you meet?
7. For your average award, what percent of the total package is scholarship or
grant?
8. If I am assigned a work-study or other campus job, how may hours per week
do you expect me to work?
9. Will you expect me to work in the summer? If so, how much will I have to
earn?
10. When evaluating my parents’ ability to pay, do you include the value of the
family home?
11. If my family has a special circumstance, like providing support to a sick or
elderly family member, will you take that into consideration?
12. When looking at student savings, what percent do you expect to go towards
my education?
13. If my family encounters a fi nancial hardship after I enroll, can you help me?
With what type of aid?
14. How much do you include in the student budget for books and personal
expense? Do you include an allowance for travel?
15. How will you adjust my aid award if I win a scholarship from an external
source?