So, you think you've done everything right: accepted at universities whose strengths match your strengths and interests, visited campuses, filed a FAFSA, received scholarship and financial aid awards. And now you're looking at the numbers and seeing NO WAY. Or, perhaps this is about what you expected, but it still looks like a real stretch for your family financially.
This series of brief articles takes a service-oriented look at the factors that families should discuss as they consider the financial side of a college decision.
Some deadlines have passed. In fact, last week Quincy University hosted a group of incoming freshmen who were on campus to compete in our Presidential Scholarship competition. However, even as we think about this outstanding group of students who will join the QU community next fall, we want others to know that this competition is just the tip of the iceberg when we consider the broader range of scholarships and grants that our students receive.
Scholarships (read December’s Affordability Series) are about rewarding you for past accomplishments, and for academic and other talents you bring to a campus community. Although Quincy University awards millions of scholarship dollars, that's not the most important part of the affordability story.
Scholarships (and grants which are really the same thing with a different name) are gift assistance. They are yours to spend on tuition and you never have to repay them.
Just how long should it take to earn a four-year degree? Traditionally, four years has always been the standard --- that’s why we call it a four-year degree. It’s easy to assume that’s how long it will take you to graduate at the college of your choice.
From the start, let’s make your college choice about value, not about cost. To do that you need to cut through a couple of myths: