Financial Aid for College
College decision making is a shared responsibility between the student and his parents. This shared responsibility is most easily seen in the financing of college.
The MUHS College Counseling Team strongly encourages students and parents to think and talk honestly about college finances and realistic limitations of a family’s contributions to their son’s education. And to begin this conversation early.
Among the many resources available, we recommend families utilize a college’s Net Price Calculator (NPC), available on a college’s admission or financial aid webpage, where you can begin to understand a college’s estimated financial assistance prior to his senior year application process. NPCs will ask a family to enter financial and academic information to provide estimated awards. Remember, families must still complete the official financial aid application process during his senior year.
The Free Application for Federal Student Aid (FAFSA) is the federal financial aid application all colleges use for their financial need review. Parents and student complete the FAFSA during his senior year. Some colleges may also require the CSS Profile as part of their financial aid review process. Best advice: visit your prospective college’s admission and financial aid websites for their specific requirements and suggested financial aid application timeline.
While pursuing all college options, we encourage students have at least two UW system colleges on their planned college application list. This will offer in-state tuition options as a family discerns the best academic, social and financial fit for their son.
Each fall, MUHS and DSHA sponsor a financial aid program for senior and junior parents. The focus of this program is to help students and parents understand the financial aid process and timeline including a review of completing the Free Application for Federal Student Aid (FAFSA) and understanding and comparing the components of a financial aid packages.
College Goal Wisconsin (CGW) is another free resource to our families. Every fall, CGW offers free FAFSA completion workshops for seniors and parents These workshops offer an overview of and tips for the FAFSA, an opportunity to ask questions and receive individual assistance with your family’s FAFSA completion. For more information visit the College Goal Wisconsin website