Financial Aid and Merit-Based Scholarships
This chapter is a discussion of the all-important role that financial aid and meritbased scholarships play in the college process. Our emphasis is on providing an overview while at the same time encouraging counselors to be proactive in this process. Thus, the chapter does not review all the intricacies of financial aid. Rather, we want to highlight once again the important role of counselors as leaders and advocates. We present a framework for conducting a sample Parents’ Financial Aid Workshop and explain the effectiveness of having a college financial aid officer as a guest speaker. Also included in this chapter is a discussion of the various federal financial aid programs involved in need-based financial aid as well as a discussion of merit scholarships. We conclude with suggestions about how counselors can develop a multitiered approach to educating parents and students about the financial aid process.