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FOREST CITY, IA - We’re still more than a month from the start of the school year but experts urge parents and students to find financial aid options outside of the norm.
For parents, it’s all about preparing for the rising costs of college tuition that seem to happen every year and those increases have more parents on the look-out for grants and scholarships .
“Just take a deep breath, it’s going to be expensive no matter where you go,” said Liz Taylor, recent Waldorf College Graduate.
Liz Taylor is now a Waldorf Graduate student and says she knows all too well about what parents and students are going through when it comes to covering the cost of college.
“I know it was very hard on both me and my parents because we were taking out loans everywhere we could. I was trying for scholarships anytime I could. I knew that once graduation day came, we were very thankful to see that I don’t really owe too much,” said Taylor.
Each year the cost of higher education is getting more and more expensive, fortunately there are ways to help you keep costs down this fall.
“Certainly a concern for not only parents but it’s a national concern, the rising cost in tuition at colleges and the student debt level,” said Dr. Bob Alsop, Waldorf College President.
As President of Waldorf College, Bob Alsop knows options are available for parents and students, they just have to look.
Scholarships and grants covered 30 percent of college costs last year nationwide, which is up from 25 percent back in 2008 and 2009.
“Take a look at all the opportunities that are out there. Certainly any school or a school such as Waldorf will have grants available to the students,” said Alsop.
These are free opportunities that according to Liz, no one can afford to miss out on.
“If you have an opportunity to go for a scholarship or go for a grant, do it. Do what you can to get that money because it will help in the long run. It may not seem like oh well you got a thousand dollars, when your going to school and it’s 40 thousand dollars is going to help you,” said Taylor.
Financial institution, Sallie Mae, reports that parents are playing smaller roles financially when it comes to their child’s college education.
They say for the first time in four years, scholarships and grants are ahead of parental contributions as a source for paying for school.
According to experts the financial opportunities are there and they urge all students to explore them.