We are this nation’s largest purchaser of structured settlement and annuity payments, and we know that many of our customers are looking for cash to meet higher education expenses for either themselves or for loved ones. In today’s blog, we’d like to introduce you to a concept you may have never considered: ways to save money on college application fees.
Here are six alternatives to shelling out hundreds, even thousands of dollars, on college application fees, starting with:
1) Contacting the higher education institution to which you are applying to see if they will offer you a fee waiver
Many institutions have programs that offer fee waivers. Don’t hesitate to contact the institution directly to see if you can obtain one.
2) Speaking to your high school or undergraduate guidance counselor
Many guidance counselors are already familiar with which schools offer fee waivers, and how you can obtain them. They can also help guide you through the process.
3) Obtaining a fee waiver form when you sign up for the SAT or ACT exam
In some cases, obtaining a fee waiver when you sign up for the ACT or SAT exam will get you qualified for fee waivers on college applications. In many cases, all you have to do is show the SAT or ACT waiver, and you will automatically qualify.
4) Narrowing down your higher education choices before you send applications out
One significant reason applying to colleges is so expensive is because students apply to too many schools. Narrowing down your choices before you even send applications out will lessen exorbitant application fee costs.
5) Applying to institutions of higher learning that don’t require SAT or ACT scores
Taking the SAT or ACT is a tremendous cost to college applicants, especially if you cannot obtain a fee waiver. Hundreds of universities and institutions of higher education around the country do not require these entrance exams; consider applying to them so you can save on this part of the process.
6) Applying online to schools that subscribe to the “Common Application”
The Common Application website (www.commonapp.org) is a free online application site used by over 400 colleges and universities. Using it when you apply can save you a small fortune!
We hope these six tips will help you cut down considerably on college application costs. At J.G. Wentworth, we understand the value of every dollar, and want all our customers to keep their money out of other people’s pockets – and inside their own. If you have any questions about how to sell your future structured settlement or annuity payments for cash, or would simply like to talk about your unique situation, call us anytime at 877-227-4713.