How do I find the best financial aid package?

Hey all! I'm starting to think about college costs, and I want to make sure I find the best financial aid package possible. What should I be looking for, and how can I compare offers from different schools? Any advice would be greatly appreciated!

Hi there! It's great that you're thinking about college costs and financial aid packages early on. To find the best financial aid package, you'll want to focus on a few key factors. First, make sure you fill out the FAFSA (Free Application for Federal Student Aid) as soon as it becomes available. This will help you qualify for federal grants, loans, and work-study opportunities. Don't forget to check if your state has additional financial aid forms to complete as well. Next, research scholarships offered by the colleges you're interested in, as well as other private scholarships. Many schools have their own scholarships based on merit, need, or both. Once you receive your financial aid offers from different schools, compare the net cost of attendance. This includes tuition, fees, room and board, minus any grants, scholarships, and other aid you've been offered. Be sure to also consider the loan amounts and interest rates, as these can significantly impact your long-term financial situation. By comparing the net cost and considering loan terms, you'll be able to find the best financial aid package for you. Best of luck with your college search!