Regardless of your family’s financial situation, the thought of paying more than necessary for college is a less-than-desirable prospect. With a variety of scholarships available to students, families of all income levels are wise to take advantage of any opportunities they can. It may feel like the odds are stacked against you and your high school student when it comes to knowing where to look for scholarships, how to apply, and whether or not it is worth your teen investing the time to apply. In this episode, my expert guest, Jennifer Finetti answers these questions and gives great advice for your family.

EPISODE NOTES

My guest Jennifer Finetti has supported over 12,000 college-bound students who are trying to figure out how to fund college. Her expertise is from her own journey with her children, the work she does with ScholarshipOwl.com, and her background in counseling and psychology. There are three types of scholarships that students can apply for, and Jennifer does a fantastic job of breaking down the three categories, as well as the advantages and downsides of each type. She provides great tips for when and how your teen should apply, as well as how to determine which applications are worth the effort. Not all scholarship opportunities are created equal.

High school can of course be a very busy and sometimes stressful period for you and your student. Jennifer believes, and I tend to agree, that it’s important for your teen to carry some responsibility for paying for their college education. Whether this means working a job and building their savings or applying for as many scholarships as they can, many students are going to have to find some way of easing the financial burden of college. This is generally true regardless of your family’s financial situation. Thankfully, there are many available funding options, so the more your student is able to get out there and find that free money, the easier it will be to find the school that will truly be their best financial fit. With thousands of 4-year universities, there is a fit for everyone regardless of your budget. I hope this episode gives you a few more tools to help you find common-sense ways to achieve your teen’s post-graduation goals.

Links mentioned in this episode

Launch College & Career Clarity Course

Launch College and Career Clarity Facebook Community

ScholarshipOwl Website

The ScholarshipOwl Community on Discord

Find ScholarshipOwl on social channels @scholarshipowl

TIMELINE

[2:36] Students should take some responsibility toward paying for their own college education.

[4:33] How to find a school that is a good financial fit.

[6:30] Why setting financial parameters, and staying within (or even below) your means is important from the outset.

[10:00] How students can save money and avoid taking out student loans.

[11:58] The three different types of scholarships and how to apply for them

[15:89] How much work does it take to get scholarships, and is it worth it?

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