Preparing for next semester finances

next semester financesThe spring semester is coming to a close and that means two things: students are gearing up for summer and deposits for the next semester of school are soon to be due. Most colleges require deposits for both attendance and housing by May 1 (dates may vary). In fact, if not paid by this date, the school may give up your spot to another candidate.

Since paying a deposit shows intent to attend a school next semester and deposits are traditionally non-refundable, it is important to have your funding in place at this time. Some schools will allow you to delay paying a deposit until you receive your financial aid, but check with your college to be sure. See our tips below to help you properly manage your deposit and get your funding in place early.

Tips for Managing Your Deposit

…and always remember to use SimpleTuition to help you compare student loans!

 

College Finances and Bills