Filing for financial aid is easy.
(False)
The majority of all FAFSAs (Free Application for Federal Student Aid) filed
contain errors that cost the family money. When they are sent back it could
add 4 to 6 weeks to the processing time. Since financial aid is given on
a “first come, first served” basis, these delays can cost the
family some of the aid they would have otherwise received
If your income is too high, you won’t qualify for aid.
(False)
Many families with six figure income receive need based financial aid.
Low grades affect your financial aid availability.
(False)
If a student is accepted to a college of their choice, they’re eligible
for need based financial aid.
State schools cost less than private schools.
(False)
Many private schools have large endowments. These endowments are used for
financial aid. In many cases an expensive private school will cost less than
a state school.
Guidance counselors and financial aid officers can help.
(False)
High school guidance counselors and college financial aid officers are not
trained to advise the family on financial matters, nor is it their responsibility
to find money for a student's education. Additionally, counselors often do
not have the time to sit down with each individual family and fully explore
all the possible options available.