Five Tips for Finding Money to Pay for College

Does thinking about how you’re going to pay for college make you feel overwhelmed? This blog post is for you!

When looking at potential colleges, seeing the overall cost probably makes you want to give up. It’s completely understandable, but keep in mind nobody pays that sticker price. This is where grants, scholarships, and loans come in.

Scholarships can substantially lower the price families pay for a college education, and the great part about them is it’s money you don’t have to pay back. PUC offers many scholarships that can help, but the reality is we can’t always provide as much financial aid as some students and families might need. Don’t worry, though! It’s estimated there is close to $50 billion in grants and scholarship money available in just the United States alone, so if you haven’t already, now is the time to start your scholarship search.

Start Looking Online

A lot of students worry they won’t receive any scholarships if they don’t have a 4.0 GPA. This simply isn’t true! Scholarships aren’t just for students with a high GPA. There are non-academic scholarships available based on your major of interest, leadership involvement, extracurricular activities, community service, and more. There are even some fun scholarships, such as the Create-a-Greeting Card scholarship (worth $10,000), for which applicants submit a design for a greeting card; the Vegetarian Resource Group scholarship (worth $10,000), for which applicants need to have demonstrated “compassion, courage, and a strong commitment to promoting a peaceful world through a vegetarian diet/lifestyle”; and the Tall Clubs International, Inc. scholarship (worth $1,000), which is available to male applicants at least 6’2” and female applicants at least  5’10” and who write an essay on the subject of “What Being Tall Means to Me.” Perhaps the most famous college scholarship is the Stuck at Prom scholarship (worth $10,000), for which students compete by making outfits entirely out of Duck brand duct tape to wear to prom.

These sites are a great starting point for your college scholarship search:

  • Fastweb: Fastweb is considered to be the premier scholarship website with over 1.5 million scholarships worth over $3 billion.
  • Niche: This website lists over 3.2 million scholarships and also allows you to create a profile to be personally matched to scholarships you may be eligible for.
  • Unigo: This website lists over 3.6 million scholarships.

Also, check out our extensive list of scholarship sites at puc.edu/outsidescholarships.

Think Locally Too

Take a look around your community for scholarship opportunitiesyou might be surprised at what you find in your area. Your local Rotary Club or Kiwanis International Club may offer college scholarships, as could your chamber of commerce. Other businesses and community groups could provide college scholarships as well. Your high school guidance counselor may also have ideas of where you can look nearby for scholarships. One big advantage of applying for local scholarships is there’s far less competition for them than there are for state or national scholarshipsyou have a greater chance at receiving them! Remember to check with your church too.

Write One Good Essay

Obviously, you’re going to need to write more than just one essay when applying for scholarships, but you can probably use certain parts of an essay more than once. Have the basicsyour career goals, personal statement, and academic career thus farperfected, as you will likely use that information repeatedly. These essays could determine whether or not you’re awarded a great deal of money, so it’s worth spending time on them to make sure you present yourself well.

Put the Time In

The internet can be both a blessing and a curse. There’s a wealth of information available right at your fingertips, but there are also countless distractions that can quickly take you down a rabbit hole. Before you know it, you’ve spent two hours taking BuzzFeed quizzes and not doing what you intended to do. Treat applying for college scholarships as though it was your job try spending an hour each day or at least several hours a week searching and applying for scholarships. The time you put in could make all the difference in receiving thousands of dollars!

Don’t Forget About the FAFSA

One of the most important things you can do is to fill out the Free Application for Federal Student Aid (FAFSA) at fafsa.gov. The FAFSA is a form you will submit each year that determines your eligibility for student financial aid. Starting October 1, 2018, you can submit your FAFSA and have your information sent to the 10 colleges you’re interested in. Submit your FAFSA as soon as possible since some aid is awarded on a first-come, first served basis. To have your FAFSA sent to PUC, make sure you include PUC’s school codeit’s 001258.

Filling out the FAFSA also potentially qualifies you for a Pell Grant, which is a subsidy from the U.S. federal government, and is something you don’t have to pay back. Amounts can change each year, but for the 2018-2019 award year, the maximum Pell Grant award is $6,095.

According to a study by NerdWallet, in 2014 U.S. high school graduates left a whopping $2.9 billion in free federal grant money on the table just by not completing the FAFSA, which made them ineligible for a Pell Grant. In our great state of California, over 100,000 seniors could have potentially qualified for Pell Grants if they had filed their FAFSA, but as a result, they lost $396,401,205. Are you seeing how critical it can be for you to take the time to fill out the FAFSA yet?

There’s a lot to keep track of when applying for scholarships and other financial aid. At PUC, we have a team of financial aid counselors ready to help if you have questions about scholarships and how to make college affordable for your family. Call (800) 862-7080, option 1 or email studentfinance@puc.edu to get connected with a counselor today.

Using PUC’s Net Price Calculator

Worried about affording college? PUC’s net price calculator is a quick way to find out how much aid you may qualify for!

Did you know 100 percent of PUC’s traditional undergraduate students receive financial aid? Last year, over $30 million was awarded to our 1,250 students based not only on merit (which means grades + test scores), but leadership, Christian service, and much more. You can see a full list of PUC scholarships at puc.edu/scholarships.

PUC is committed to making a high-quality Christ-centered education possible. We know it can be both overwhelming and frustrating to try to figure out how much it could cost for you to attend a college, which is why we have a net price calculator that can help give you an approximate idea of what PUC costs. Using the calculator will also give you a preliminary estimate of your aid eligibility, including grants, loans, and PUC scholarships.

You will be asked basic information, such as when you intend to start at PUC, if your parents work for the Seventh-day Adventist denomination, whether you have a sibling that will be attending PUC at the same time, if you will be studying a specific major that offers a scholarship, and if you’ve held a leadership position during your junior or senior year, among other similar questions. It’s helpful if you know your current GPA, and if you’ve taken either the ACT or SAT, make sure you have those scores on hand too.

For your estimate to be as accurate as possible, it’s also a good idea to work with your parents to have your Free Application for Federal Student Aid (FAFSA) already completed so you can input that information as well. The FAFSA is a form you will fill out each year that determines your eligibility for student financial aid. Starting October 1, 2018, you can submit your FAFSA and have your information sent to the 10 colleges you’re interested in. To have your FAFSA sent to PUC, make sure you include PUC’s school codeit’s 001258.

Once you’ve completed the FAFSA, you will receive a Student Aid Report (SAR), which will show your potential eligibility for different types of financial aid as well as your Expected Family Contribution (EFC) number. (Note: Your EFC is not the amount of money your family will have to pay for college, nor is it the amount of federal student aid you will receive. It is a number used to calculate how much financial aid you are eligible to receive. Learn more at studentaid.ed.gov.)

If you have the necessary information on hand, it takes less than 10 minutes—start using PUC’s net price calculator now!

Remember, these results are just the starting point and might not show all the aid you may qualify for, which is why we always recommend talking with a PUC financial counselor to carefully go over them. Email studentfinance@puc.edu or call (800) 862-7080, option 1 to get in touch with a counselor now.