Financial Aid Fact and Fiction

Financial Aid Fact and Fiction

MYTH: The best way to get money to pay for college is to search for those not well-known awards that go unclaimed each year.

FACT: 95% of financial aid comes from the federal or state government as well as the institution itself.

To qualify for some of these funds you will need to complete the college’s required financial aid forms (e.g., FAFSA or CSS Profile).

Also being in the top part of the schools applicant pool potentially sets you up for a merit aid package.

In addition, understanding which colleges are more generous than others can reduce your net cost significantly.

If you have any questions about the college admissions process or the above information please do not hesitate to contact me at info@signaturecollegecounseling.com or by phone, 845.551.6946.