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Know How to Reduce the Cost of Education and Apply for Aid

The following list outlines some ways that you can reduce the cost of education and apply for financial aid.

  1. Begin planning early for your children’s education and missions. I recommend parents begin saving for their children’s education and missions as soon as the children are born. Various investment vehicles that are available to help you save for educational purposes have been discussed.
  2. Fill out the FAFSA on the Internet at www.fafsa.ed.gov during your child’s junior or senior year of high school. Follow the instructions and take action early (usually after your federal tax forms are completed). If the process seems stalled or if you have additional questions, you are welcome to call (BYU) 801.422-4104 and request to speak directly to your personal financial aid processor. Or you may call BYU Financial Aid at 801.422-4104.
  3. Talk with the financial aid office representatives at your school during your child’s senior year of high school. These representatives will guide you through the application process and help you determine your eligibility for aid.
  4. Look on the web for other sources of available aid. The following are some helpful websites that offer information about financing your education:

BYU Financial Aid Office Counseling Office (801-422-4104).  To have your federal aid in place by fall semester, it is wise to submit the FAFSA by June 1 the same year, unless you are planning to marry; make an appointment with a counselor if you have questions.


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