1. Rank all schools according to national rankings
The first thing you need to do is to rank all the schools you accept. You will find these forms to help you rank these schools in the mentoring office or on the internet. You can visit the US News Rankings to find out where the schools in the list are ranked in the country. When you rank these schools, there are many factors to consider, such as their retention rate, course size, percentage of TA's courses, number of successful alumni, graduate employment rates, and more. This way you can see how your school is comparable to schools across the country. You want to participate in the best schools on the list that you can afford. This process must be very practical and can serve you and your family.
2. Rank all your packages based on the free amount provided to you
Free money is any money that you and your family don't have to pay back. These funds will be provided by scholarships and bursaries [federal grants and state grants]. Rank the school that sends you the most free money 1 to the school, saving you the least amount of free money. Remember that your favorite school may not give you the best packaging. This is a practical, non-subjective process. They will provide you with a package based on your family income and assets, depending on whether the school is a private school or a public school. The school will provide you with funds and government funds based on your financial needs and the type of profile you create.
3. Place all schools in your favorite school in the school that is the least likely to go to school: conquer university enrollment rate
Now, start with your favorite school. This is the first school you would like to reach from the list you accept to the most unpopular school on your list. If you and your family can afford it without falling into heavy debt, then this is the school you want to attend. Again, here and you and your family must be pragmatic and realistic, because neither you nor your family should be heavily in debt to accept your education. You are investing in your future, but your parents are approaching retirement, so don't let them lend or refinance their family to send you to your dream school. Remember, you will have to pay for your loan and you will not repay their debt. This is your future, so invest wisely.
One of the comforts here is that you and your parents can contact the financial office at any time and explain your family's financial situation and ask if they can give you some help because you really want to join their institution.
Orignal From: 3 things to consider when comparing your financial aid package
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