Watch Out for Front-Loaded Scholarships
You may have wondered, do you get more financial aid after freshmen year? Many sophomores, juniors and seniors begin the school year with a rude awakening: The financial aid packages they received as freshmen have shrunk. Scholarships and grants, which make aid packages so wonderfully enticing for first-year students and their families, often melt away starting the second year of school. Students are often given less aid overall or they're offered mostly loans. This concept is known as scholarship front-loading…