{"id":155,"date":"2009-05-21T08:55:02","date_gmt":"2009-05-21T08:55:02","guid":{"rendered":"https:\/\/examplesofpersonalstatements.com\/?p=155"},"modified":"2015-09-18T09:18:08","modified_gmt":"2015-09-18T09:18:08","slug":"what-you-need-to-know-when-applying-for-financial-aid","status":"publish","type":"post","link":"https:\/\/examplesofpersonalstatements.com\/index.php\/2009\/05\/21\/what-you-need-to-know-when-applying-for-financial-aid\/","title":{"rendered":"What You Need to Know when Applying for Financial Aid"},"content":{"rendered":"<p>Aside from going over several personal statement examples for their writing their admission essay, students should also seek information on how they can best qualify for financial aid.\u00a0 For many students who are trying to get through college, financial aid is one of their best friends.\u00a0 With a little help from scholarships and grants, students can worry a little less about how to pay for their tuition and instead focus more on their studies at hand.\u00a0 Basically, financial aid helps students pay for tuition, room and board, books and supplies, as well as other school fees.(1)\u00a0 Here are some helpful information that they should know:<\/p>\n<p><strong>Freshmen have a better chance at getting good offers<\/strong><\/p>\n<p>Usually, freshmen have a better chance at getting good financial aid offers.\u00a0 This is normally the case, because many school have specific financial aid programs for incoming first-year students.\u00a0 Since freshmen still have a good four or more years of study in the school, they can be given long-term financial aid plans at lower rates.\u00a0 This information shouldn\u2019t discourage non-freshman students from finding a good deal, though.<\/p>\n<p><strong>You can negotiate for a better package<\/strong><\/p>\n<p>Perhaps the best way to get the most out of a financial aid deal is to negotiate.\u00a0 Most lenders are willing to strike a deal with you, but they will probably wait for you to make the first negotiations.\u00a0 There are a number of ways in which you can negotiate your financial aid.\u00a0 One way is to ask for lower interest rates, which can shave off\u00a0 a considerable amount from the fees and costs of your loan.\u00a0 You can also try to get a longer grace period on your repayment schedule, so that you have more time to work out how you\u2019re going to pay your bills.\u00a0 Also, you can negotiate for a higher loan in case the initial offer made by the lender is not enough to pay for your schooling fees.(2)\u00a0 What other students do is get ideas from personal statement examples so they can provide details in their admission essays on how they want to acquire college education despite their financial situation.<\/p>\n<p><strong>Students should not accept the first offer but should wait until they get accepted to more schools<\/strong><\/p>\n<p>Another strategy is to wait until you are accepted to more schools before finalizing your loan deals.\u00a0 While waiting for a better offer, what applicants can do is to learn as much as they can from well-written examples of personal statement so they can have better chances of getting admitted to more colleges and universities.\u00a0 A personal statement example can help boost your applications even if you don\u2019t have excellent grades.<\/p>\n<p>When it comes to federal loans, it is important for you to wait until you are accepted to more schools, because these loans are often linked to the school that you are attending.\u00a0 You will then have more leverage to negotiate your financial aid. Just remember not to wait for too long, otherwise you may lose all your chances as you get closer to deadlines for financial aid applications.(3)<\/p>\n<p>(1)\u00a0 http:\/\/en.wikipedia.org\/wiki\/Student_financial_aid<br \/>\n(2)\u00a0 http:\/\/www.finaid.org\/fafsa\/negotiation.phtml<br \/>\n(3)\u00a0 http:\/\/www.chaminade.edu\/financial_aid\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aside from going over several personal statement examples for their writing their admission essay, students should also seek information on how they can best qualify for financial aid.\u00a0 For many students who are trying to get through college, financial aid is one of their best friends.\u00a0 With a little help from scholarships and grants, students [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-155","post","type-post","status-publish","format-standard","hentry","category-scholarships-and-financial-aid"],"_links":{"self":[{"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/posts\/155"}],"collection":[{"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/comments?post=155"}],"version-history":[{"count":1,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/posts\/155\/revisions"}],"predecessor-version":[{"id":156,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/posts\/155\/revisions\/156"}],"wp:attachment":[{"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/media?parent=155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/categories?post=155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/tags?post=155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}