Enrollment in all degree-granting postsecondary institutions is expected to increase 15 percent between fall 2014, the last year of actual data, and fall 2025. Increases in both public and private degree-granting postsecondary institutions is anticipated, with an estimated 23.3 million college students enrolled by 2025.1
Whether you’re starting or returning to college, it’s a good idea to set up a plan so you can feel confident about your responsibilities. Following is a yearly calendar of events to help keep you on track (exact dates may vary by school).
Start considering school options.
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Schedule college campus visits.
Submit the Free Application for Federal Student Aid (FAFSA).
Apply for second-semester student loans. Learn more at slfcu.org/StudentLoans.
Review the FAFSA Student Aid Report (SAR) to confirm accuracy.
Prepare admissions applications or submit early decision applications.
Submit school admissions applications.
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Look for scholarship opportunities both locally and at Federal Student Aid, an office of the U.S. Department of Education.
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Draft a college budget.
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Review any award letters received and explore the grants, scholarships, and federal loans you have been offered.
SLFCU Scholarship Essay Competition opens. Visit slfcu.org/ScholarshipCompetition for more information.
Make your final choice of school.
Determine your total cost and any additional funding needed.
Update and adjust your college budget based on school selection.
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Submit private student loan applications. Learn more at slfcu.org/StudentLoans.
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Finalize your college budget based on acquisition of scholarships, grants, and student loan(s).
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1. Hussar, W.J., and Bailey, T.M. (2017). Projections of Education Statistics to 2025 (NCES 2017-019). U.S. Department of Education, Washington, DC: National Center for Education Statistics.
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