High school seniors and their parents around the country are now hearing back from colleges about whether or not they were accepted, and financial aid considerations are an important part of this decision. Many families don’t know that there is a way to save thousands of dollars in college tuition.
Recently we helped a high school senior and his family negotiate $4000 more in financial aid from the University of Pennsylvania. This is a savings of $16,000 over the next four years!
There is an article in Time magazine we highly recommend to all high school seniors and their parents. It describes 4 Tips for Negotiating a Better Financial Aid Package:
1. Don’t Storm the Financial Aid Office
2. For More Need-Based Aid, Be Specific–and Have Back Up
3. For Larger Merit Awards, Use Your Leverage
4. Don’t Ask for the Moon