Since our oldest child recently graduated from high school and will be heading off to college soon we've had a full year of learning about how to navigate the financial aid system.
While it is a very intimidating process my husband has a good understanding of how it all works. Plus our local high schools offer financial aid workshops for parents and students. We attended our first workshop when our son was in his junior year. Then we went to another one when he was a senior.
We all know that obtaining a higher education is costly. Over the past couple of years we've learned that our home state, Pennsylvania, is one of top states where the cost of tuition for a public 4-year institution of higher education is the most expensive. What a frightening statistic! We do not want our children to be burdened with thousands upon thousands of dollars of student loan debt hanging over their heads for 20+ years beyond college!
So we--mostly my husband--hunkered down over the past year or so and went to work to figure out the financial aid process. Here's a very informational graphic provided by snhu.edu that will help guide you through the process:
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This is a very large graphic but if you take some time to look it over I'm sure you'll find it helpful. The financial aid process can cause worry, but if you take your time and research the process then it isn't quite as bad as you might think!
Okay, more sharing to come soon...until then,