Financial aid from federal sources is a great way to reduce the huge financial responsibility of paying for college. Additionally, colleges providing financial aid can have offers ranging from $5,000 to $30,000, all of which can be up for appeal, potentially adding more to the pot. Other potential sources for college money exist, like tax benefits and creative financial planning.
The main problem is to have the knowledge of all these disparate sources of funding. Luckily, excellent college funding services like the Studemont Group can help students through the maze of financial opportunities and pitfalls that college presents. Good financial advice can help turn college from a money pit of student loans into an opportunity for the future.