Wednesday, May 15, 2013

What Can I Do to Minimize My Student Loan Debt?


As a financial aid administrator, I often get many questions from students and parents about how to qualify for financial aid, or what they can do to get more financial aid. Rarely do I get the question of how they can graduate from college with the minimum amount of debt. Just recently, this was the topic of a meeting I had with a current college freshman.
Considering that in June 2010, student loan debt outpaced credit card debt and is now over a trillion dollars, this question should not surprise me as it continues to concern students enrolled in college. So what exactly can students do to minimize their student loan debt? The answer is quite simple; focus your energy on winning scholarships. The how-to is much more difficult to achieve, but it does not have to be.
In my experience, many students spend a large portion of their time searching for scholarships and a lesser amount of time preparing to become a competitive applicant. Students need to invest more time into writing an excellent essay in which they tell their story and include not only their academic goals, but also their life purpose. They should also include in their essay their family background while maintaining focus on themselves, their most difficult obstacle and more importantly how they overcame it, what character qualities they learned, their experiences serving others in the community, and finally why they need a scholarship.
Gerardo Ochoa, Associate Director of Financial Aid, Linfield College, Portland, Oregon
Free Resources, Tools, and Support for College and Scholarships on www.Edudaris.com
Be matched to scholarships and learn how to successfully apply to college and for scholarships with the FREE Path to Scholarships® Five-Step Mini Courses for High School and College Students. 

Edudaris® Works in Three Easy Steps
  1. Create a FREE account on www.Edudaris.com.
  2. Update your profile to 100% to automatically be matched to as many OFFERS, as possible, which include scholarships!
  3. Join a FREE Path to Scholarships® Five-Step Mini COURSE to learn how to apply successfully to college and for scholarships.
Call Customer Service (407) 406-4180, (407) 462-7659, or (407) 877-9630 for information. 

Like Us on Facebook: Path to Scholarships * Subscribe on YouTube: June McBride Channel
Follow Us on Twitter * LinkedIn * Instagram * Pinterest * Google + 

3 comments:

  1. Hi!
    I am here Because i want a comment on your blog.I read your blog, this is so informative and so helpful.

    ReplyDelete
    Replies
    1. Thank you for your comment. We are glad that you found it informative and helpful.

      Delete
  2. This is a pleasant blog i should say, I generally i do not post remarks on many other blogs
    yet would like to point out that this post
    really forced me to do so!
    assignment help at galaxyessay.com

    ReplyDelete