Didn’t Get Financial Aid? Don’t Panic – Do This Instead June 24, 2009
You fill out the forms, you beat the deadlines—and then comes the moment of truth, also known as the Student Aid Report (SAR). The SAR contains your Expected Family Contribution (EFC) – the amount the government has determined you can afford to contribute towards college tuition during the next year. For most parents, a better acronym for EFC would be YGBK, as in: You Gotta Be Kidding.
Unfortunately, EFC is a non-negotiable number. It’s like your relatives: you’re stuck with it. But no matter how big is the pit in your stomach, an important point to remember is
It’s Not As Bad As It Looks!
If you’re sweating bullets wondering how you’re going pay such a huge amount of money every year that your child is at college, don’t panic. There are solutions. Some of them are fairly complex and may only apply to a small number of families; others are worth looking at regardless of your financial situation.
I’ve written an easy-to-read report that lists seven proven and reliable methods that you can use to address your situation, and meet the cost of attendance. It’s free, so check it out.
Here is the link to the free report:
7 Ways To Pay For College If You Did Not Receive Financial Aid … Or If Your EFC is Too High
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