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Unlocking College Savings | The Power of Waivers

Episode
34
Finance Series
December 5, 2024

Takeaways:

  • Many students miss out on application fee waivers.
  • Waivers can significantly reduce college application costs.
  • Financial need is a primary qualification for waivers.
  • Reaching out to colleges can uncover additional waiver opportunities.
  • Students should inquire about waivers during campus tours.
  • SAT and ACT fees can also be waived based on financial need.
  • Resources like the College Board provide information on waivers.
  • First-generation students may qualify for additional waivers.
  • Starting the waiver process early can lead to better outcomes.
  • Asking questions is crucial to uncovering potential savings.

Episode Links:

😊Reach out to Kayla: krecord@sohteam.org

🥾 Check out the College Prep Bootcamp - https://www.sohteam.org/college-prep-bootcamp

📝 Apply for a chance to receive a scholarship to cover the full cost of the College Prep

Bootcamp: https://forms.office.com/pages/responsepage.aspx?id=hN8Q4sg4zEC0TQUMVQYOUHKd0FCOxShKkHuCUvwfjMVUMDRLVVNVUjNFMzU0SFNGSFFPQU5YSTlUTC4u

🎥 Watch us in person! - https://www.youtube.com/watch?v=vS2DPP4Kjp8&list=PLiF-qpkld3Ar-OealNYqVgyqlXT1J2cyY&index=18

🖥️ Check out our page for resources and more! - https://www.nqrmedia.com/ctcp/cut-throat-college-planning

Chapter Markers:

00:00 - Introduction to College Waivers and Savings

01:52 - Understanding Application Waivers

04:19 - Qualifying for Waivers

07:24 - Reaching Out for Waivers

10:29 - Additional Waiver Opportunities

11:59 - SAT and ACT Fee Waivers

13:04 - Resources for Waivers

16:11 - Tips for Securing Waivers

18:48 - Real-Life Example of Savings

21:02 - Conclusion and Final Thoughts