Financial Aid Myths
There are many myths floating out there which are simply not true. Here’s the truth:
1. You CAN own a home AND get need based financial aid.
2. MUCH financial aid comes in the form of tuition reductions, grants, and scholarships, none of which need to be repaid.
3. Wealthy families OFTEN qualify for need based financial aid. Use the net price calculator on the colleges’ websites to explore your situation.
4. It IS less expensive to send two (or three!) children to college at the same time than to send them one at a time. The parent portion of the EFC is divided between the children’s EFC’s. Often each will be eligible for MUCH more need based aid than s/he would have been if the children were sent to college one at a time.
For further information, please view my latest College Success: Keys to Admissions, Aid, and College Funding webinar: https://app.webinarjam.net/replay/1423/c835364781/1/0