Hugh looked at the calendar and paperwork again. No matter how he did the math, earning $465 a month in unemployment insurance was barely covering expenses, never mind paying for his daughter’s first year at college. Even with a sizable grant, there was no way for him to realistically afford her going back to school.
After talking with the college’s financial aid office, he was told each year’s financial aid was determined by the previous year’s tax returns and that there was no additional help for him or his daughter because last year, he was fully employed and financially just fine.
Hugh’s story is far from unique and represents one of the greatest challenges for you and all families when it comes to paying for college. In this guide, we’re going to show you how to evaluate award letters, figure out what the true cost of an education is, how to appeal for more financial aid, and even what to do if you or a family member who’s supporting you loses a job or income source you need to make college a reality.
The single most important thing you can do when it comes to getting financial aid is to complete your FAFSA, the Free Application for Federal Student Aid. Everything in this guide assumes you have completed and filed your FAFSA - if you haven’t, grab our free
FAFSA book and start there first!