How to Handle a Tuition Hike Flagstaff AZ

Colleges and universities hit by state and federal funding cuts are shocking students with mid-year tuition hikes. How can students, already squeezed for money, cope with such unexpected sticker shock? Read on and you'll know.

Washington Mutual
(602) 977-3988
3020 E. Camelback Rd
Phoenix, AZ
 
Arizona Business Bank
(602) 240-2736
2600 N. Central Ave.
Phoenix, AZ
 
First International Bank & Trust
(480) 641-1100
1628 N Higley Rd
Gilbert, AZ
 
Bank 1440
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8550 N. 91st
Peoria, AZ
 
Meridian Bank
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4482 W. Peoria Ave
Glendale, AZ
 
Checkmate
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1250 N Alma School RD
Chandler, AZ
 
Buckeye Title Loan
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1214 W Baseline RD
Mesa, AZ
 
Community Bank of Arizona
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6666 W Peoria Ave Ste 101
Glendale, AZ
 
Chase Bank - 9790
(602) 589-3603
9790 W. Peoria Ave
Peoria, AZ
 
Desert Schools Federal Credit Union
(602) 433-7058
6633 N. Black Canyon Hwy
Phoenix, AZ
 

How to Handle a Tuition Hike

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Colleges and universities hit by state and federal funding cuts are shocking students with mid-year tuition hikes. How can students, already squeezed for money, cope with such unexpected sticker shock?

Don't Panic

Don't panic, experts say. Students should discuss the situation with their families first, said Seamus Harreys, dean of student financial services at Northeastern University in Boston. "Many families have no budget and therefore no plan to pay for an unexpected tuition increase," he said. "You want to know your starting point."

Visit Your Financial Aid Office

The next step is to go to the college financial aid office and, if possible, to a counselor who knows about all of the student's available resources, Harreys said. Students should see if adjustments can be made to their financial aid. "This is a change in financial circumstances," said Ann Coles, senior vice president of college access programs for The Education Resources Institute (TERI), based in Boston. The college financial aid office can determine whether the student is eligible for more grant aid, Coles said.

The federal Pell Grant program may also increase the amount of its grant. Colleges and universities may provide greater institutional aid for low-income students, said Rita Johnson, financial advisor at the Millstone Evans Group of Raymond James and Associates brokerage firm in Boulder, Colorado. Middle-income students may qualify for a higher subsidized student loan, or may be able to take on a greater work-study load, Johnson said....


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