5 Things you need to know about Financial Aid
- Academics are Key Very few athletes qualify for a soley athletic full ride. As stated before strong academics can supplement scholarship aid from a university and equal a full ride when paired with athletic aid. On the same token good test scores on the ACT or SAT can increase academic aid so it is encourage to study and take the test at least twice.
- Complete your FAFSA The FAFSA (Free Application For Federal Student Aid) has to be completed before a college can issue any financial aid. Set aside time to fill out your FAFSA and make sure it is completed and turned in on time. Keep in mind this document has to be renewed each year.
- Know your SAR As you can tell by now the government loves acronyms. Once you complete and turn in your FAFSA your school will issue you an SAR (Student Aid Report). This document will detail out what government assistance you qualify (if any) as well as all the scholarship aid you are eligible for through your school. Make sure to double and triple check all of your aid information to make sure all of the scholarships you are eligible for are listed.
- Negotiate your Scholarship If your coach isn’t offering you what you deem a fair scholarship amount don’t be afraid to speak with them about the subject. In a way your sport will become similar to a job, paying your way for college. Most of the time coaches will be negotiable especially if athletes show improvement in their sport since the initial scholarship agreement.
- Think outside the Box Often students neglect to apply for non sport related scholarships and each year thousands of dollars worth of scholarship money is undistributed. Be on the alert for scholarships and grants in your home town, most require things as simple as a one page essay to apply.