Financial Peace

Finances are never a fun discussion point, especially in light of the fact that college costs are constantly rising. Despite what could be a dismal forecast, there is hope. The director of admissions at a prominant Christian college shines some necessary light on the subject of paying for school.

CollegeBound: Finances are always a big concern for college students. What would you say to the student who doesn't think he/she may be able to afford a Christian college education? What practical things can he/she do to make the dream possible?

Director of Admissions: Financing an education takes a leap of faith. It's always a challenge but well worth the investment. Early application for admission allows early application for financial aid. When students wait until the last minute, their options are very limited. We encourage students to take the time to research financial aid opportunities from the school, government and private sources. One source alone no longer will cover the need for most students.

CollegeBound: What are some practical ways to live frugally as a college student?

Director of Admissions: For singles, the easiest way to live on a tight budget is to share expenses with roommates. For married students, the worry of finances may overshadow their studies unless they eliminate negative debt before college or graduate school. If students can accept that school is a short time—compared to the rest of their lives—it's worth the investment to make some sacrifices along the way.