It’s no surprise that the prices of attending college has steadily been increasing over the years and now the cost to attend even local colleges is a challenge to many young people seeking an education. However, this does not mean that students should be dropping out or foregoing it altogether. Now, to its time to stress the importance of financial education and the power of financial aid.
Lets crunch the numbers:
Let's compare the rising cost of tuition at a four-year college in Florida. Located in South Miami, Miami Dade College is a haven to many seeking a well priced education or a medium before they can save enough to transfer to another University. Yet in recent years the cost per credit has grown significantly. In 1996 the cost of two semesters after inflation was $1,821, in 2006 that number rose to $2,435 a more than $600 increase in a 10 year time span. In 2010 this number jumped again to $2,879. A $441 increase in only four years.
Every year the price per semester is increasing drastically across America affecting even the most price-conscious institutions. Applying for financial aid can lighten this burden and provide a sense of security.
Tips on applying for financial aid:
- Visit your institution’s financial aid website for information on FAFSA deadlines and other required documents.
- Make sure to fill out your FAFSA in a timely manner so it can be processed for the maximum amount of available aid.
- Follow up with your advisor to make sure all documents are accounted for.
- Applying for scholarships is a tedious process but the rewards are worth it. Go to your financial aid office and find out what scholarships you qualify for and apply.
Remember, going through the financial aid process can be a struggle to complete and issues always occur. Receiving an education is priceless and can only elevate you to the next set of goals in life. Take the time to fight for your right to an education.
Helpful information:
- https://studentaid.ed.gov/sa/fafsa/filling-out
Very smart in using the numbers to show how expensive college is. Also adding the steps to get financial aid was a nice touch.
ReplyDeleteI like the the number comparisons of the Years. You used 2010 instead of 2012. But overall very good.
ReplyDeleteHey Gaby,
ReplyDeleteYour article gives good insight about the rising costs of education and you did the reader a great service by including information on how to apply for financial aid.