|Tyburski’s tips: questions to ask
Are you navigating the college financial aid process? Marcelle Tyburski, Colgate’s director of financial aid since 1993, shares her advice on the questions families should ask.
What forms do you require, and what are the deadlines for applying for financial aid?
What is the complete cost of a year at your institution, including tuition, fees, room, food, books, and average personal expenses?
What is the typical composition of a first-year financial aid package? Will you meet our full need, or will there be a gap?
Are PLUS (parent) loans included as part of an aid package?
How many hours a week is a typical work-study award each year? (10–12 hours/week is reasonable)
Are non-custodial parents required to submit financial information as well?
How will my financial aid package be adjusted if I receive any outside awards?
What happens to the financial aid package after the first year? Will any increase in school costs be covered by the institution, or the family?
What are your scholarship/grant policies; for example, do scholarships depend on maintaining a specific GPA?
Is campus housing available for all four years?
For more information on these topics, check out these online resources:
• Financial Aid FAQ's
• Net Price Calculator
• Financial Aid and Financing Options brochure
Check out the webinar about the financial aid process with Tyburski and admission deans Karen Giannino and Lynn Holcomb to the right.