As admissions decisions start to come in, you may receive scholarship offers from some of your schools. Did you know you can negotiate for more? Learn more about the dos and don’ts of the scholarship negotiation process. For those finding college too expensive even with scholarships and financial aid or those who want a different college experience, we have information about options to have your degree funded by your employer. Tune in for another story from our team. Hear about how one of our college finance experts started with an associate’s degree before getting his bachelor’s.
by Shannon Vasconcelos, former financial aid officer at Tufts University
Most of us wouldn’t even consider buying a car or a house without negotiating the price, but when it comes to making another major purchase—namely, a college education—negotiation tends not to cross our minds. You may be surprised to learn, however, that many colleges—whether they advertise their flexibility or not—are open to negotiating their price by increasing the scholarship discount they offer. As a College Coach finance educator, I recommend most of the families I work with at least try to negotiate for additional scholarship funding. Not every negotiation attempt will be successful, but here are some tips to maximize your chances of increasing that scholarship offer: