Get More Financial Aid for College

Don’t wait for the acceptance letter to consider the cost.

Editor's note: This article originally appeared in the April 2014 issue of Kiplinger's Personal Finance.

Typical scenario for parents of a high school senior: Your student identifies a half-dozen colleges he’d like to go to. He spends long nights and fraught weekends filling out applications. The whole family waits anxiously for the acceptance letters. In the spring, he gets accepted to the school he likes most. Then you realize you’ll have to scrounge to afford the price of admission, if you can afford it at all.

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Former Staff Writer, Kiplinger's Personal Finance