JCTC Pathway to Financial $ucce$$!

Tips for Avoiding Financial Traps

• Make a budget before you get your financial aid money. This will allow you to plan exactly how to spend your money wisely.
• Review financial aid options wisely. Don’t take out more loans than you need.
• You are not required to accept the maximum amount of money offered to you.
• Remember, you may need to borrow money later if you are planning to transfer to another college with higher tuition.
• Open a savings account and put the money you have left in savings for unexpected expenses.

Special points of interest:

• Know the college deadlines and the con-sequences of not meeting them.
• Know who your financial aid counselor is and when they are available.
• Filing the FASFA does not guarantee your financial aid.
• Dropping classes can cost you money in the long run.
• Use financial aid and scholarship money appropriately. It will save you money in the long run.