Will your family qualify for college financial aid?
I bet you that most parents think they won’t qualify for financial aid although most will. Here’s a shocker: even families that make $150,000 or even $200,000 may qualify for close to $25,000 in financial aid at very expensive schools.
In the college admission process, financial aid misconceptions can easily punish families. If you have a working knowledge of financial aid requirements, however, you’ll have a better chance of capturing some of this college money.
So what are families’ biggest financial aid misconceptions? I examine them in an article I wrote for CBSMoneyWatch that’s entitled – 7 Myths About Financial Aid.
Check out the story and who knows, you might ultimately save your family tens of thousands of dollars.