1. Financial Planning and Budgeting:

Discuss the financial aspects of college, including tuition, fees, room and board, and personal expenses. Help your student understand the cost of attendance and the resources available for covering these expenses, such as scholarships, loans, and savings. Teach them basic budgeting skills and encourage responsible spending habits.

You should discuss now how much money you will be able to supply for your student’s living expenses. Keep in mind that you still have to run your own household while they’re in school. You don’t want to rely on credit cards to cover ongoing expenses, so be honest and upfront. This may help your student decide on having a job or not while they’re in college. 

2. Setting Expectations for Student Contributions

Have open discussions with your student about what they’re expected to contribute during their school years. This ties directly into topic #1 – budgeting! It’s also important to discuss the plans for who will repay any student loans that are taken during the college years. I recommend having this conversation now – and not waiting until after graduation. 

Look at the total amount you are planning to borrow to pay for this college, and then look at student loan calculators to see what future repayment costs might be. If you expect your student to make these payments, say so now, and discuss what impact that will have on their future budgetary capabilities. 

3. How to Pay: Financial Aid, Scholarships, and Savings

College isn’t cheap. Make sure that you’re balancing financial aid options (grants, loans, work-study), merit scholarships, and 529 plans. Review upcoming deadlines for financial aid, even once school begins. It is important to complete the paperwork each year so help keep it on their radar. Remind your student that college payment will be a combination of many components so that they are aware of what is really going into this expense. 

4. Planning for the Unexpected

No one wants to think about what happens if things go wrong. But, it will be important to discuss the unexpected with your student. Talk about financial contingencies: what happens if aid changes or family finances shift? While no one should be too worried about the “what if’s in life, it is important to know that these changes could impact your student’s financial standing at school. Alternative options, like gap years, transfers, and community colleges are very real possibilities for those what-if situations. 

5. Work & Internship Opportunities:

Start conversations about post-college plans early on, including career goals and aspirations. Encourage your student to explore internship opportunities, networking events, and career development resources available through the college. Sometimes these experiences are paid, but oftentimes they are not. Discuss the importance of gaining practical experience and building a professional network while in school – even if it does not pad the wallet.

Some students might have to apply for the federal work-study program, or find a job on their own. While many students can juggle work hours and class time, some students have difficulty achieving a workable balance. They might also need to work during the summer and various breaks, while their peers are enjoying great vacations.

6. Bonus Tip: What to do with Graduation Gifts

Graduation gifts are a thoughtful way for friends and family to celebrate your academic achievements, but they can also offer a valuable opportunity to boost your student’s financial health as you head into your next chapter. Whether you’ve received cash, checks, or gift cards, it’s important to have a plan for how to use these funds wisely. Consider building or replenishing your emergency fund. You can also have your student consider using the funds to put towards expenses like books or housing. 

Before the first tuition payment is due, take the time to have meaningful conversations with your student about the various aspects of college life. By providing guidance, support, and encouragement, you can help your student navigate the transition to college with confidence and resilience. Congratulations on this exciting transition!! 

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

Why Start Early?

College costs are rising, but so are the resources to help cover them—if you know where to look. From scholarships and grants to work-study and student loans, there’s a lot to understand. Starting early gives you time to research, stay organized, and meet deadlines without panic. Here’s a few things you and your family can do to start preparing for financial aid prep now! 

Get Familiar with the FAFSA

The Free Application for Federal Student Aid (FAFSA) is your key to federal aid—and many states and colleges use it too. Even if you’re not a senior yet, check it out. Knowing what’s required (like your parents’ tax info) will make it easier when the time comes.

Track Your Academics 

Some scholarships require a minimum GPA or specific test scores. Keeping your grades up and getting involved in extracurriculars now can pay off big later. 

Start a Scholarship Spreadsheet

There are scholarships for students in all grades—yes, even freshmen! Create a simple spreadsheet with deadlines, requirements, and links to applications. I recommend starting to look for scholarships now – and not stopping the entire time you’re in college! Read more tips about finding scholarships here!

Talk to Your Family

Have an open conversation about college costs. Do your parents plan to contribute? Will you need to work part-time? The earlier you align expectations, the better you can plan together. Another important question will be who is responsible for paying loans after graduation, too. 

Build a Budgeting Habit

It’s never too early to learn money skills. Start by tracking your spending and setting savings goals. Even saving a little each month can help with future college expenses like textbooks or travel. 

Financial aid doesn’t just happen—it takes planning. Whether you’re a freshman looking ahead or a junior getting serious, smart families don’t wait until senior year. The choices you make now can open doors to the school—and future—you want.

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

Understand What You’re Saying “Yes” To

Committing to a school means you’re ready to invest your time, energy, and money there. You’re not just choosing a campus — you’re choosing a community, a support system, and a place to grow, learn, and live for the next four years. 

Before you commit, make sure you’ve looked at:

• Your financial aid package (What’s a grant vs a loan? Which aid is renewable?).
• The total cost of attendance, not just tuition.
• What you’ll get academically, socially, and emotionally from the school.

Make sure all components feel  like the right fit.

Compare Your Financial Aid Offers

Not all aid packages are created equal. Some schools might offer you more money up front but have higher living costs or fewer scholarships that renew after your first year.Make a quick spreadsheet or use one of those online comparison tools. If you’re confused about what’s what, reach out to the school’s financial aid office or your high school counselor — or you can reach out and we can talk. 

Notify Other Schools

Once you commit to your top choice, take a moment to decline the other offers. It’s good manners, helps free up spots for other students, and avoids unnecessary emails and reminders. It’s the polite thing to do and most schools require a response either way. 

Transfers Can Happen 

Putting down a deposit doesn’t mean you can never change your mind. Life happens. Circumstances change. Transferring later is possible — but try to commit based on what you know about your school choices, finances, and how you feel now. That said, those deposits are usually non-refundable, so make sure you’re fairly confident before you click “submit.”

Celebrate! You’ve Earned This

Whether you’re headed to a state school, a liberal arts college, a community college, or something else entirely, take a second to breathe and pat yourself on the back. This journey has been a long one, and you made it through.

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

What is Financial Aid?

Financial aid is money provided to help you pay for college. It can come from a variety of sources, including the federal government, state governments, colleges and universities, and private organizations. There are three main types of financial aid:

• Grants: These are usually need-based and don’t need to be paid back.
• Scholarships: Often awarded based on merit (like academic performance, sports, or talent) and do not need to be repaid.
• Loans: Money that must be repaid, typically with interest. These are often offered by the government or private lenders.
• Work-Study: A program that allows you to work part-time during college to earn money to help pay for your education.

When Should You Start Planning?

The earlier you start preparing, the better. As a junior, there are steps you can take now to set yourself up for financial aid success:

• Research Scholarships: Many scholarships are available to students in their junior year or earlier. Start looking for local scholarships, national programs, and merit-based awards that you may qualify for. Websites like Fastweb or Scholarship.com are great places to start.
• Understand Your Family’s Financial Situation: Financial aid eligibility is often based on your family’s income and assets. Take some time to understand how your family’s finances may impact your financial aid options. This can help you anticipate how much aid you may be eligible for when it’s time to apply.
• Keep Track of Important Deadlines: Financial aid deadlines vary by college, but the Free Application for Federal Student Aid (FAFSA) typically opens on October 1 each year. Starting early will help you stay on top of deadlines and avoid missing out on potential aid.

FAFSA – Your Key to Financial Aid

The Free Application for Federal Student Aid (FAFSA) is a form you’ll need to complete in order to be considered for most types of financial aid, including federal grants, loans, and work-study. You’ll fill out the FAFSA your senior year, but it’s a good idea to familiarize yourself with the process now.

Don’t Forget About Your College’s Financial Aid Office

Each college has its own financial aid office that can help you understand what aid is available at their school. Be sure to reach out to these offices for information on scholarships, grants, and the application process. They may also have tips on how to maximize your financial aid package.

Start Early and Stay Organized

Applying for financial aid can be a lengthy process, so staying organized is key. Keep track of your deadlines, required forms, and any documentation you need to submit. The more prepared you are, the smoother the process will be when you’re ready to apply.

As a high school junior, taking the time to research and prepare for financial aid will set you up for success when it’s time to apply for college.

Want more personalized help paying for college?

Now Enrolling: College Financial Aid Advising for the Class of 2026-2027!

I’m excited to announce that sign-ups are now open for the next class of college-bound students and returning students! If your family will be navigating the financial aid process for the 2026-2027 academic year, now is the time to secure your spot. Spaces are limited, so reach out today to reserve your place and ensure you have expert guidance every step of the way.

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

Why Early Planning Matters

You might be thinking, “I still have time before I need to worry about paying for college!” While that’s true, the earlier you start thinking about financial aid, the more options and opportunities you’ll have. Colleges have different deadlines, scholarships come with various eligibility criteria, and grants can require some paperwork that takes time to gather. Starting early means you’ll be prepared when the time comes to submit your applications. 

By planning ahead, you’ll also have a clearer picture of your finances and may avoid taking on too much debt. Plus, financial aid doesn’t just help pay for tuition—it can cover things like books, housing, and meal plans.

What is Financial Aid?

Here’s a quick review of what financial aid actually refers to: 

1. Grants: Money you don’t have to pay back (yay!). These are often based on financial need.
2. Scholarships: Free money, usually awarded for academic achievement, sports, or other talents.
3. Loans: Money you borrow and pay back after graduation. Some loans have low interest rates, but be careful—too many loans can lead to debt later on.
4. Work-Study Programs: These are jobs offered by the school where you work part-time to help cover your costs.

How to Start Financial Aid Planning Early: 

Know Your Deadlines

Each college or university has its own financial aid deadlines. Some deadlines are early in your senior year, so make sure you’re aware of when to apply. The FAFSA is one of the most important applications you’ll fill out, and it opens every year on October 1st. The earlier you submit it, the better your chances of getting grants and work-study options.

Create a Financial Aid Checklist

 Gather important documents like tax returns, social security numbers, and your family’s financial info ahead of time. This will make filling out your FAFSA or scholarship applications a lot easier. Keep track of deadlines for both the FAFSA and any scholarships you want to apply for.

Research Scholarships

Start looking for scholarships now. Many scholarships are open to high school juniors, and the more you apply for, the better your chances of receiving money. Don’t forget to check out local organizations, companies, and community groups—they often offer scholarships that aren’t as competitive as national ones.

Consider Different Colleges

Not all colleges have the same tuition rates or financial aid packages. Some colleges might offer better scholarships, while others have a higher cost of living. Do some research to find a balance between the school of your dreams and the financial reality of paying for it.

The Power of Financial Aid

A lot of students don’t realize how much financial aid can reduce the cost of college. For example, a student who receives a combination of grants and scholarships could end up paying only a fraction of the total tuition. By submitting the FAFSA early, you unlock access to federal grants that can lower costs right off the bat.

The thought of paying for college can be scary, but with early financial aid planning, you can make the process smoother. The earlier you plan, the more likely you are to secure the financial aid you need to make college affordable and stress-free. Happy planning, and good luck! 

Want more personalized help paying for college? Now Enrolling: College Financial Aid Advising for the Class of 2026-2027!

I’m excited to announce that sign-ups are now open for the next class of college-bound students and returning students! If your family will be navigating the financial aid process for the 2026-2027 academic year, now is the time to secure your spot. Spaces are limited, so reach out today to reserve your place and ensure you have expert guidance every step of the way.

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

Research Scholarships Early

Scholarships are a great option when it comes to easing the cost of college. As a junior, you’re in the perfect spot to start hunting for those opportunities. Many scholarships have deadlines before senior year even starts, so the earlier you start, the better. You don’t want to be scrambling for a scholarship essay while everyone else is wrapping up their final assignments.

Set aside time each week to search for scholarships. You’ll be surprised how many scholarships are out there for things you never even thought about—like specific majors, extracurriculars, or even your background! Here are more tips on finding scholarships.

Get Familiar with the FAFSA

The FAFSA (Free Application for Federal Student Aid) is your golden ticket to need-based financial aid. While the FAFSA doesn’t open until October 1st of your senior year, it’s never too early to get familiar with the process. Take some time now to understand what documents you’ll need. This way, you won’t be scrambling to gather tax forms, bank statements, and other documents when it’s go-time.

Have a Family Talk About Finances

Talking about finances can feel awkward, but it’s crucial to have an open conversation with your parents or guardians about paying for college. What are they expecting from financial aid? What are they able to contribute? This conversation will help you set realistic expectations and prepare your financial aid forms accurately. Also, talking early means no surprises later when you’re sorting through offers and comparing colleges. The more you know upfront, the smoother the entire process will be.

Get Your Grades in Gear

Let’s talk about the obvious—your grades. A strong academic record is essential for receiving both financial aid and scholarships. Many scholarships, like those based on merit, will look at your GPA, test scores, and class rank. If you’re aiming for those awards, make sure you’re staying on top of your coursework and making the most of any study resources available. Also, don’t forget about your senior year grades! Financial aid and scholarships may consider your final GPA, so it’s important to finish strong.

Consider College Costs

Thinking about college can be overwhelming. The price tags on some schools might seem scary, but the good news is there are options! Research the costs of schools you’re interested in and think about how much aid you might need. Cost of attendance includes more than just tuition—it also covers room and board, books, fees, and personal expenses. Start considering how you’ll pay for it all, and keep in mind that financial aid packages can vary by school.

Keep an Eye on Deadlines

Mark down deadlines for everything: the FAFSA, scholarship applications, and even college admissions. Senior year is fast-paced, and missing a deadline could mean missing out on money you could’ve gotten. Keeping an organized calendar or planner with all your important dates will make life so much easier. Here’s some of my tips on application deadlines! 

So, while your friends may be focused on that summer vacation, you’re getting ahead by planning your financial aid strategy. It’s all about the little steps now that will make a big difference later. When the time comes for senior year, you’ll be ready to roll—and you’ll be in a much better spot to handle the stress of applications and deadlines. The earlier you prep, the more confident you’ll feel when it’s time to apply for financial aid.

Want more personalized help paying for college? Now Enrolling: College Financial Aid Advising for the Class of 2026-2027!

I’m excited to announce that sign-ups are now open for the next class of college-bound students and returning students! If your family will be navigating the financial aid process for the 2026-2027 academic year, now is the time to secure your spot. Spaces are limited, so reach out today to reserve your place and ensure you have expert guidance every step of the way.

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

Here’s a step-by-step guide to help you make an informed decision about your college financial aid package.

1. Look at the Total Cost of Attendance (COA)

The first thing you’ll want to compare is the Total Cost of Attendance (COA) for each college. This includes tuition, room and board, textbooks, fees, transportation, and personal expenses. Each school might have a different COA, and it’s important to see the full picture before you decide. 

2. Focus on Grants and Scholarships 

Grants and scholarships are the best forms of financial aid because you don’t have to pay them back. They’re considered “free money,” and they should be a major factor when comparing packages. If one school is offering a larger grant, that’s free money you don’t have to worry about repaying, and it can make a huge difference in the total cost of attendance.

3. Understand Loans 

Loans are another part of your financial aid package that you need to take seriously. Unlike grants and scholarships, loans must be paid back—often with interest. When comparing offers, look closely at how much you’re being offered in student loans. Also, pay attention to the interest rates on loans.

4. Work-Study Jobs

Work-study programs offer part-time jobs on campus that allow you to earn money while you’re in school. This can be a great way to offset some of your costs, but it’s important to realistically assess how many hours you can work while balancing your studies. When comparing work-study offers, check the amount of money you’ll be able to earn and whether you feel comfortable fitting those work hours into your schedule.

5. Look for Additional Fees or Hidden Costs

While you’re comparing aid packages, don’t forget to consider other costs that might not be included in the initial aid offer. Some schools have additional fees for things like technology, student health services, or parking. 

6. Negotiate If Necessary

If one school offers you more financial aid than another, or if your financial situation has changed since you first applied, don’t be afraid to reach out to the financial aid office. Many schools are open to negotiating aid packages, especially if you’ve received a better offer from a different school. 

Choosing a college isn’t just about picking the right major or the coolest campus—it’s about finding an affordable option that makes sense for you and your family. By comparing financial aid packages carefully, you can ensure that you’re getting the best deal possible. Take your time to understand the details of each offer and don’t hesitate to reach out for help. You’re making an important decision, and it’s worth doing the work to make sure you’re getting the most financial support for your education.

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

1.Understand Why You Need More Aid

Before appealing for additional aid, it’s important to understand why you’re requesting it. Financial aid packages are usually based on a combination of factors such as family income, assets, and the cost of attendance. However, life events like changes in family income, unexpected medical expenses, or family emergencies can alter your financial situation after the initial aid offer. Knowing what has changed for your situation will allow you to better advocate for your appeal.

2. Review Your Financial Aid Package Thoroughly

Review your current financial aid package carefully. This includes not only grants, scholarships, and loans but also any work-study opportunities or other forms of support. Make sure you understand the breakdown and whether there are any errors or discrepancies. It’s important to check that your family’s income and assets have been reported correctly and confirm you’re not eligible for other scholarships or loan programs.

3. Reach Out to the Financial Aid Office

Once you’ve determined that you need additional aid, reach out to your school’s financial aid office. Don’t wait for them to come to you—proactively contacting them shows that you’re serious about addressing your financial situation. When you contact the office, ask them for the appropriate steps to take when submitting a financial aid appeal.

4. Craft a Well-Thought-Out Appeal Letter

One of the most important parts of your appeal is the letter you send to the financial aid office. This letter is your opportunity to explain your situation, demonstrate your need, and ask for additional aid. A strong appeal letter should be clear, respectful, and detailed.

5. Provide Supporting Documentation

Your financial aid office will likely require supporting documentation to validate your claim. This could include tax returns, pay stubs, medical bills, or other relevant paperwork. Make sure to provide all necessary documents, as this will make your case more credible. If you’ve experienced a significant life change, such as a job loss or a change in your family situation, include any official paperwork that supports your case.

6. Be Persistent and Follow Up

Once your appeal is submitted, it’s important to follow up. Financial aid offices are often busy, and you want to ensure that your case is being reviewed. If you haven’t heard back after a few weeks, don’t hesitate to send a polite follow-up email asking about the status of your appeal. Be patient and understanding, but also be persistent.

Appealing for more financial aid can feel daunting, but it’s important to remember that you’re your best advocate. Schools want to see students succeed, and they often have mechanisms in place to help those facing unexpected challenges. Financial aid is not a one-size-fits-all solution, and your situation is unique. Don’t be afraid to speak up and advocate for yourself. Your education and success are worth fighting for!

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

1. Reassess your budget. 

Start by taking a detailed look at your personal budget to see where you might be able to cut back. Prioritize essential expenses like tuition, books, and housing, while adjusting discretionary spending if possible. Consider cheaper housing options, meal plans, or transportation to reduce costs. This can free up funds for other areas of your education. 

2. Understand Your Financial Aid Package

Review your award letter carefully to ensure you’re fully understanding what’s offered—scholarships, grants, loans, and work-study opportunities. Sometimes, what looks like a shortfall could be due to misunderstood components of the package. Double-check the accuracy of your financial aid award. If you spot any mistakes or omissions, don’t hesitate to contact the financial aid office to correct them. 

3. Contact Your School’s Financial Aid Office

 If your financial situation has changed since you applied for aid (e.g., job loss, medical expenses), reach out to your school’s financial aid office to discuss a possible reevaluation of your financial aid package. The fires in LA this year may impact individual situations, so don’t hesitate to reach out if your ability to pay has changed!  Some schools allow students to appeal for additional aid if they can demonstrate extenuating circumstances. Be prepared to provide supporting documentation, such as a letter explaining your situation and any relevant financial documents.

4. Look for Additional Scholarships or Grants

There are often many scholarships available that don’t require a full-time student status or are not widely advertised. Many colleges also have departmental or need-based scholarships that you may not have been aware of. Reach out to your academic department or student affairs office to inquire about these opportunities.

5. Consider Federal and Private Loan Options

If you haven’t already, look into federal or private student loans. For many people, this is a last resort, but do your research carefully if you decide to go with loans. Be sure to compare terms, interest rates, and repayment plans. Borrow only what you truly need.

6. Look into Work-Study or Part-Time Jobs

 If you’re eligible for federal work-study, take advantage of the opportunity to earn money while studying. These jobs are often on campus and designed to accommodate student schedules.If you don’t have work-study or are able to work beyond those hours, look for local part-time jobs or freelance opportunities to boost your income.

Closing the gap between the offer you received and what you can pay feels daunting, but with some creativity and research, it is possible to pay for the college of your dreams! 

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

While options like Early Action and Early Decision may sound appealing for getting a jumpstart on the admissions process, if financial aid is a priority for you, Regular Decision might be your best bet. Here’s why applying through Regular Decision gives you more time and flexibility to evaluate your financial aid options, compare offers from multiple schools, and make the best financial choice for you and your family.

What Is Regular Decision?

Regular Decision is the standard college application process. For most schools, the RD deadline falls in January (typically January 1st or 15th), and applicants usually receive their admissions decisions in March or April. Unlike Early Decision, which is binding, Regular Decision gives you time to consider multiple schools and financial aid offers before making your final commitment, which is due by May 1st.

Why Regular Decision Gives You More Time to Compare Financial Aid Offers

#1: Financial Aid Packages Arrive After Acceptance

One of the most significant advantages of applying Regular Decision is that you’ll typically receive both your admission decision and your financial aid package around the same time (usually in March or April). This means you can compare not only the acceptance offers from multiple schools but also the financial aid packages that come with them.

This timing is crucial for making a fully informed decision about which school fits your academic and financial needs. It ensures you can weigh all options side-by-side, allowing you to pick the best value for your family.

#2. You Can Apply to Multiple Schools and Compare Offers

Unlike Early Action, where you might only have one offer to evaluate, applying Regular Decision gives you the freedom to apply to multiple schools. After receiving your acceptance and financial aid packages, you can compare the offers from different schools to determine which one offers the best value.

In particular, you’ll be able to compare grants, scholarships, loans, and work-study – all with the cost of attendance. By comparing the full financial picture, including tuition, room and board, and any additional fees, you can get a clearer sense of what you’ll need to pay.

#3. You Have More Time to Make Financial Adjustments

If your family’s financial situation changes after applying, Regular Decision allows more flexibility to address those changes. Whether your parent’s job status shifts or unexpected expenses arise, you’ll have time to adjust your financial aid application and communicate with schools about your circumstances. Additionally, if your financial aid package isn’t sufficient, you’ll have more time to appeal or negotiate for additional funding.

#4. You Can Maximize Scholarship Opportunities

Many colleges and universities offer merit-based scholarships to Regular Decision applicants, particularly those who apply by the school’s priority deadlines. These scholarships can sometimes be more generous for Regular Decision applicants than for those applying Early Action, as schools may allocate the majority of their funds to students who apply later in the cycle.

#5. More Time to Submit Financial Aid Forms

For students applying Regular Decision, the financial aid deadlines may align more closely with when the family has completed their taxes and other financial documents. Since the FAFSA (Free Application for Federal Student Aid) opens on October 1st (December 1st this year!) each year, Regular Decision gives you more time to ensure your financial aid forms are complete and submitted accurately before the official deadline.

While applying Early Action may be appealing for students eager to know their college fate early, Regular Decision is often the best choice for families who want to make a fully informed decision about both college admissions and financial aid. Remember, the college decision is not just about where you’ll thrive academically, but also where you can afford to attend.

Good luck with your college planning, and remember to prioritize both your academic goals and financial needs!

More about Jodi and College Financial Aid Advisors

Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.