Obtaining financial aid can be a confusing and sometimes stressful process, and it is definitely one of the most important steps you will take in making college more affordable. You may consider finding a financial aid advisor to assist you in this process. Many families are turning to financial aid advisors in order to be assured that they are getting the best financial aid resources possible.
Advantages of a financial aid advisor
- Save time and stress caused by extensive research for loans, scholarships and other additional funding options
- A financial aid advisor completes the numerous amount of financial aid, scholarship and loan forms for you, making sure everything is filled out correctly, so there are no mistakes that will cost you money you could have saved
- Keeps track of all upcoming deadlines and makes sure that all of the necessary paperwork is turned in on time, saving you from having to remember it all
- Makes sure the financial aid you are receiving is a fair option that will work in your best interest or if it should be appealed
- Acts as a personal guide through the financial aid process, allowing you to ask questions and gain more insight about these procedures, showing you step-by-step the actions that need to be taken
Remember that a good percentage of FAFSA forms that are processed have errors or inconsistent responses that cause people to lose financial aid. A financial aid advisor can save you from making errors like these, which will cost you more money than you'd think.
Be sure to look for a financial aid advisor who has a few years experience under their belt, and does not charge excessive fees for their services. Everyone is entitled to apply for financial aid, so be sure to avoid advisors who insist on an interview for any sort of qualification.
Don't let the fear of scams or less than ethical advisors scare you. A financial aid advisor is meant to be a helping hand in the financial aid process, saving you time and money.