
Strategies for Creating an Affordable College List
As Seen In The Press October 25 at understandingfafsa.org
by Kim Nauer | Oct 15, 2022 | Helpful Videos
College applications aren’t much fun. It’s tempting to only apply to a few schools, but that may be risky. Students don’t get to see which schools offer the best combination of academics, scholarship money, and low-cost loans until after they get accepted. Your goal should be to apply to enough schools so that you are accepted to some that you both like and can afford. If you only apply to a few schools, and none offer the financial help you need, it may be too late to apply to more for your preferred entry date. The best way to avoid this is to diversify your list. These strategies and videos will get you started. How many schools should you apply to? How to Create an Affordable College List Nancy Goodman, founder of College Money Matters, a nonprofit website focused on making financially savvy college decisions, suggests that students should apply to a mix of schools, including one or more of the following:- A college that’s a good fit both academically and financially. State or local colleges are good options here but don’t overlook private schools that are generous with financial aid.
- A college that is a safe bet for you academically, meaning the school typically admits students with your grades, test scores, and interests. Even better, your academic record and interests stand out among their applicants. Colleges that are excited about you are more likely to give you substantial amounts of financial aid.
- A true financial safety school, one that you and your family know you can afford.