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 over at 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.
Lynn O’Shaughnessy is the author of The College Solution, an Amazon bestseller. Follow her on Twitter.
Lynn – continued thanks for your down to earth advice. My son has applied to several schools, and any further information on financial aid is appreciated. This information will help when it comes down to a final decision.