NextGenVest

MONEY TIPS

 

Can you help me find scholarships?

 

By Amanda Draper, National Content and Social Media Director at NextGenVest

  Photo by  JodyHongFilms  on  Unsplash

Applying to college, as well as researching and applying for scholarships and financial aid and can be a daunting process, but it is important to remember that you are not alone in this process, we at NextGenVest are here to help you with all of this and more!


NextGenVest’s Money Mentors can help you research and apply for scholarships, because they will use smart technology which can search over 40,000 possible scholarship opportunities and provide you with a short list of curated scholarship recommendations, that would be a good fit for you. Additionally, they can help you appeal for more financial aid after you have been accepted at a school.

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This is the story of one student who NextGenVest helped find scholarships and grants after the college he had been accepted at had told him that his family was ineligible to receive any financial aid.

In 2014, Freddie Chang had applied Early to the University of Pennsylvania and was ecstatic to learn that he had been accepted. However, his initial excitement about going to college soon turned to disappointment when he received his financial aid decision letter and learned his family was ineligible to receive any financial aid money. This meant that Freddie’s family would have had to pay to approximately $69,000 the total cost of attending UPenn.

Freddie reached out to NextGenVest, who helped him write an appeal letter and negotiate for more financial aid and UPenn reversed its financial aid decision. UPenn offered him two scholarships and one grant worth approximately $49,000. And UPenn also gave him the same amount for his sophomore year.

In the end, I was flabbergasted at the amount of aid that they gave us after they said we weren’t eligible for anything — to go from zero dollars in financial aid to $49,000 just because you asked.
— Freddie Chang, University of Pennsylvania, Class of 2019
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This is Freddie’s advice to other students in similar situations:

NextGenVest tells all of its students to write an appeal letter, first of all thanking the university for accepting them, then explaining how they would be a leader on campus but due to the financial aid package they currently have they would be unable to go. ... Fight for your case and tell your story.
— Freddie Chang, University of Pennsylvania, Class of 2019

If you need help researching or applying for scholarships, and applying for and/or negotiating a financial aid package, a Money Mentor can help! You can sign up here for Money Mentoring.

 
 Amanda Draper is the National Content and Social Media Director at NextGenVest. Amanda lives and works in Washington, D.C.

Amanda Draper is the National Content and Social Media Director at NextGenVest. Amanda lives and works in Washington, D.C.

 
Kelly Peeler