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Is it possible to get all of my financial aid from scholarships

I want to know if its possible to get all my financial aid for a university that costs 58k from online scholarships and if so, how many I would roughly have to apply to in order to gain anywhere close to that amount , and I know its unrealistic to get that much from scholarships so i wanted to know if I could get lose to 20k?

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Stephanie’s Answer

My first question is: Is the $58k price tag the net price or the cost of attendance published by the school? Net price is what you actually pay out of pocket. Cost of attendance is what the student could end up owing including all expenses incurred that are not necessarily paid to the school. These kind of questions are always answered best by the Financial Aid Office at the school you plan to attend. Be aware that many endowed scholarships from the school are reserved for returning students. The first year of college is usually the most expensive. Look for scholarships outside of the school: www.fastweb.com, www.myscholly.com, www.finaid.org, https://opportunity.collegeboard.org/, Sallie Mae offers scholarships and check with any affiliations you have: your employer, churches, parents' unions, associations you're members of, etc.

I will confirm what was said above, it's possible but very unlikely. If you are looking to attend an expensive school, you should accept the fact that you will be taking loans to do so. Even when students receive full rides, those scholarships cover tuition and not room and board. Even students who receive full rides usually take out loans to cover the cost of their living expenses.

I recommend contacting the Financial Aid Office. If you are already accepted, they can start giving you accurate information regarding your account. Some schools keep money at the wayside to help students that appeal to them requesting more financial aid. Some schools are wiling to review other award offers you've received from other schools in order to remain competitive. If your family's financial situation is different than what it was in 2018 (data used on the FAFSA) contact the Financial Aid Office and learn what's required to file a Special Conditions appeal to request additional financial aid.

Once you speak to a financial aid administrator, make sure to ask them for their full name, direct dial number, and personal email address. It gets hard to get through to us throughout the summer and as the semester approaches. It's easier if you have a direct point of contact. Good luck!

Stephanie recommends the following next steps:

Contact the Financial Aid Office
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Stephine’s Answer

Yes, but how well do you negotiate? You should exhaust all options and go back to your financial aide department to negotiate for more money with the director of financial services. You call also look for scholarships at the school your applying/ are accepted to. Most school scholarship offices offices open after school starts but application due dates vary. You will have to have a specific GPA and complete the requirements specifically asked for. It has been my experience that students have to be tenacious and make sure their GPA is above a 3.0 to qualify or position for the best possible outcome.
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Andrea’s Answer

It is possible but not likely. Many scholarships will be per semester or year and would require that you re-qualify for each time period. There are some high value scholarships that could get you a big part of your tuition covered but most are of smaller $500-10,000 values.
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Natasha’s Answer

If the school has allocated considerable funds for specific programs or particular student profiles, it is not impossible to cover one's costs through scholarships. Each school's requirements will likely vary; research the schools and contact them with inquiries about the specific scholarship(s) being considered.

Applying for multiple scholarships from varied sources (foundations, affiliation groups, sports groups, specific talent areas, scholarships for specific degrees, etc) might be a cautious strategy.


Good Luck and Stay Well,
Natasha
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