How do you pay for college tuition - Visa USA Expert

Pay Your College TuitionPaying for college is one of the toughest decisions you and your family can make. When it comes to figuring out the real cost of the colleges you are considering, there are warnings at every stage of the process:Don’t rule out a college based on the price of your education.Be wary of comparing the net price calculators you may find online.Understand that not all student loans are created equal.Each of these warnings places the responsibility on you, the international student, and your parents to thoroughly read and research in order to make the best decisions possible.Assumptions Can Be WrongAs you research and weigh your college options, avoid making these five assumptions:Assumption 1: All components of your packages are free money.Financial packages will probably include two different types of aid money: money you won’t have to do anything for, and money you will. It may sound like a simple premise, but it’s important to realize what is essentially a gift – a scholarship or grant aid – and what you’ll have to work for or pay back: work-study positions and college loans.Assumption 2: Your awards will be renewable year after year.Once you’ve figured out what is scholarship money and what is grant money, etc., realize that those totals may fluctuate in subsequent years while you are attending classes.So if you’ve been offered a merit award from one college you need to find out: Is that merit award money renewable year after year? Do you need to maintain a high grade point average?Need-based money, such as Pell grants, are usually subject to our congressional budget negotiations each year and they are not guaranteed for your entire time in college.Assumption 3: The total you see is what you’ll actually pay.You need to dig deeply into each college’s website for all the fees and add-ons that they don’t usually include in tuition and room and board. You need to understand that your financial aid money might not include a completely accurate final cost number.Assumption 4: The total cost will hold steady until graduation.Unless you have a tuition guarantee, there’s a great chance your college costs are going to increase each year.Assumption 5: You can’t negotiate.If you’re just not pleased with the financial aid package from your top-choice college, it usually doesn’t hurt to contact the admissions officer for that school. If there are any drastic changes in your family’s financial situation, for example, you have received a better offer package from another school, it’s worth letting them know and seeing if they may improve the package they are offering you. Once in College, Here’s How You PayFull payment of tuition is due by the fifth day of classes after which a student’s enrollment is cancelled if payment is not made. As a student you will not receive a formal bill but you can always access your bill using your college account online.Payment to your college is made via online credit/debit card or eCheck OR via mail by check or money order OR in person by check or cash.For complete details, go online to your school and look up the Cashier’s FAQ page for the college you will be attending.If your bill is paid by an outside agency (government sponsor or other third party sponsor), be sure your scholarship agency notifies your college in advance by letter stating the amount and length of time of the award and whom to bill for tuition. Keep the original copy in case the immigration officer at the port-of-entry or your college Cashier’s Office requests it.Go USA!– MikeAll information presented here is from my personal research and my attempts to save you time and money when pursuing your dream of coming to the USA to study. Do not take any of this information as LEGAL advice – I am not an attorney, nor do I play one on TV. This information is gathered from a variety of sources including many U.S. Government websites and I urge you to validate this information as much as possible, just as I do when posting on this blog. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Captcha: What is 4 + 4? Notify me of follow-up comments by email. 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