Choosing a College? Take a Good Look at Its Financial Package

It's that time of year when many high school seniors(unlike loans).
are solidifying which colleges they're interested in andMost well-known are scholarships for students with
getting those applications ready. What things should astrong academic backgrounds and good test scores,
senior look for?as well as scholarships for athletic and talent. Colleges
So many, many colleges to choose from - how doeswant these students to enhance the school's image.
one make an intelligent decision? The firstBut other "free money," as it were, also exists.
consideration in most minds is probably the type ofOften this money has been given to the school as an
programs offered at the school. Is your studentendowment from alumni who wish to aid today's
interested in a medical field? Then the college shouldstudents in acquiring their education.
offer a good program in that field. Engineering?Who gets that money? It depends on the wishes of
Likewise.the person who donated the money. The
But what if you've already found several collegesrequirements are as diverse as the individual's wishes:
with programs that fit your student? Or - even morea particular ethnic group; an interest in a specific field;
decision-defying - your student doesn't yet knowa student from a particular county or high school;
what he or she wants to major in? Choosing theassociation with a club or church or civic organization.
right program may not narrow down the potential listOne university in our state has a list of over 200
of colleges enough. What other things should youscholarships with such specific requirements. These
(and your student look for)?scholarship range anywhere from $1000 up to full
Many other considerations make up thetuition. Paging through this list is both exhilarating and
decision-making process. Here are a few:exhausting! Yet a thorough examination might be
(1) The school's overall approach to education. Doesvery lucrative.
its philosophy of education match yours?So how does a student get that money? How do
(2) The academic level of students the schoolyou even KNOW if such money exists? The best
attracts. If the college chooses students whoseanswer to that question is: ASK. Telephone the
ACT scores range from 24-30, and your student gotadmissions office and ask what scholarships are
a 24, will he have a difficult time being on the loweravailable. If possible, look through the scholarship
range?listing yourself. Sometimes they are available on the
(3) Average class size. If you live in a small town andcollege's website.
your student is accustomed to small numbers,Once you find a scholarship your student may qualify
perhaps the large university (often placing 150for, be sure to carry through with the application.
freshmen in core classes) may be a difficultLook at what's required to win the scholarship. Many
adjustment.times an essay or interview is required. Some
(4) Types of financial packages available. Sincescholarships require the student's participation in a
finances are often a big hurdle to overcome, let'sscholarship competition. The rewards are high for
look at this one in more detail:those who seek! And many times, the college you
Many colleges offer a number of scholarships towanted but could not afford can be discounted to
incoming freshmen. This is money right off the top ofthe point that you can plan it into your student's
your tuition - money that does not need to be repaidfuture.