Most of you have probably already received your college tuition (and room and board if living on campus) bill by now, and it’s most likely due within the next few weeks.  We’ve had a lot of phone calls in the office asking about other free money that might be available to help you make up any additional funding you need.

Every summer some incoming 1st year students end up deciding not to attend a college for one reason or another after already having accepted the school’s offer for admission and financial aid.  In the financial aid industry, this decrease in enrollment is called “summer melt”.  This article by U.S. News discusses ways that the summer melt may work in your favor to receive additional financial aid from your college.

And if you do have a summer job, try to save some of that money for books and expenses once you get to college.  The less you have to borrow, the sooner you will be able to pay off any student loans you did have to take out after you graduate.

Val