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| Financial Aid Questions to Ask Colleges and Universities | |||||||||||||||||||||||||||||||||||||||
| Financial Aid Home | |||||||||||||||||||||||||||||||||||||||
| During your travels to different schools, you might make use of some of the following questions in determining each school's financial aid policies: | |||||||||||||||||||||||||||||||||||||||
| College Advisement Home | |||||||||||||||||||||||||||||||||||||||
| MKHS Home | |||||||||||||||||||||||||||||||||||||||
| Does the college practice a need-blind admission policy? | |||||||||||||||||||||||||||||||||||||||
| What percentage of students are on financial aid? | |||||||||||||||||||||||||||||||||||||||
| What percentage of students had their full need met? | |||||||||||||||||||||||||||||||||||||||
| What percentage of the funds were need-based? | |||||||||||||||||||||||||||||||||||||||
| What percentage of the funds (if any) were merit-based? | |||||||||||||||||||||||||||||||||||||||
| Do the same financial aid procedures and policies apply for the entire four years? | |||||||||||||||||||||||||||||||||||||||
| If your family has more than one student in college, will that be taken into consideration when figuring out your family contribution? | |||||||||||||||||||||||||||||||||||||||
| If the cost of the college goes up, will your aid go up accordingly? | |||||||||||||||||||||||||||||||||||||||
| Can the school's financial aid be used to cover the costs of study abroad programs? | |||||||||||||||||||||||||||||||||||||||
| How are outside scholarships handled? Are they credited against the loan component of your aid, the grant component, or the family contribution? | |||||||||||||||||||||||||||||||||||||||
| Do you need a certain grade-point average to keep your institutional grant? | |||||||||||||||||||||||||||||||||||||||
| �Are emergency funds available for short-term loans? | |||||||||||||||||||||||||||||||||||||||
| Are there any tuition payment plans that will allow you and your parents to spread out your payments over a period of months? | |||||||||||||||||||||||||||||||||||||||
| �What is the policy with regard to non-custodial parents and step-parents? Are they expected to contribute if financially able? | |||||||||||||||||||||||||||||||||||||||
| What is the typical financial aid package? | |||||||||||||||||||||||||||||||||||||||
| How much indebtedness can you expect after four years? | |||||||||||||||||||||||||||||||||||||||
| How many hours a week will you have to work to fulfill the work-study portion of your aid package? | |||||||||||||||||||||||||||||||||||||||