What is a Financial Fit when it comes to selecting the Right College?

Finding a school that is a "Best Fit" means it fits socially, academically, and financially.

When choosing a college, finding a school that is a financial fit means finding a college or university that is affordable for the student and their family. This can involve evaluating the total cost of attendance, including tuition, fees, room and board, books, and other expenses, as well as the availability of financial aid and scholarships.

To determine if a college is a financial fit, students and their families may want to consider the following factors:

Cost of attendance: The total cost of attending the college, including tuition, fees, room and board, books, and other expenses.

Expected family contribution (EFC): The amount that the student's family is expected to contribute toward the student's college education, as determined by the FAFSA (Free Application for Federal Student Aid).

Financial aid: The amount of need-based or merit-based financial aid that the college may offer to the student, which can help to offset the cost of attendance.

Scholarships: The availability of scholarships from the college or other sources, which can help to offset the cost of attendance.

Work-study opportunities: The availability of part-time work-study opportunities on campus, which can provide the student with additional financial support while also gaining valuable work experience.

Ultimately, finding a college that is a financial fit can help to ensure that the student and their family are able to manage the costs of college without incurring excessive debt or financial hardship. It is important for students and their families to consider all available options and to make informed decisions about their college choices based on their financial situation.
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