Thursday, April 30, 2020

How to get more college aid money now amid the coronavirus pandemic

Now more than ever, it may pay for students to negotiate with colleges for more money towards tuition.
The coronavirus pandemic has left many American families facing financial hardship. However, colleges are also concerned about their fall enrollment, which is likely to drop. Most have already extended decision day for incoming freshmen to June 1 from May 1.
That means colleges may be more willing to say “yes” to appeals for more financial aid and scholarship money — for both new and returning students, said Shannon Vasconcelos, who works with incoming freshmen and their families as director of college finance at Bright Horizons College Coach. She is also the former assistant director of financial aid at Tufts University.

“I would recommend just about everybody go back to the colleges they may be interested in and ask for more money,” she said.

Read the full CNBC Article Here