All Myths Articles

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6 Student Loan Myths

Dealing with student loans can be overwhelming. And the many loan myths surrounding student loans only add to the stress and overwhelm. A lot of the fear about student loans stems from misconceptions that surround them. As a rule, when in doubt, always call your student loan servicer and ask. They are the most reliable …
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5 Myths About the FAFSA

Filling out the Free Application for Federal Student Aid, commonly known as FAFSA, is one of the most vital steps in the college application process, and one that nearly every student will have to go through. Depending on your personality and approach to work, the FAFSA process may be exciting, or, for some, a dreaded …
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5 Myths about Scholarships

Scholarships are the most well-known form of financial aid, and for good reason: scholarships and grants make up about 57% of all aid awarded each year. But just because their well-known doesn’t mean they’re always well-understood. Myths and misconceptions have sneaked their way into the conversations over the years and have muddled the truth about …
Only students with a 4.0 GPA get scholarships right? Wrong. You can have B's and still get plenty of scholarships
myths

College Myth: Only Students with a 4.0 GPA Get Scholarships

There is such a heavy emphasis placed on good grades and a high GPA–and for good reason, of course. GPAs can determine anything from college admissions to selective schools to qualify for scholarships or grants. What happens if you’ve got a few B’s thrown in there with the other A’s? Or what if you have …
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College Myth: Students Shouldn’t Have Their Own Credit Card in College

A common worry among most college-bound students and families is their finances. The cost of college has risen dramatically in the past years and hunting for scholarships and deciphering financial aid can be tough. Then there are the smaller scale questions of how they actually pay for their everyday purchases. Will their home banking still …
how much is a college education
myths

5 Myths About College Costs & Financial Aid Every Parent Needs to Know

When it comes to the cost of college, there are a lot of myths out there. Many times, these myths can scare students and families away from colleges that might have been very affordable, or even cost that family thousands of dollars in lost financial aid opportunities. Understanding how both the cost of college and financial …
Charts showing that more than 50% of college students receive some form of gift aid, including federal and institutional grants and scholarships, to make college more in your price range
myths

College Myth: Most Colleges Are Way Out of My Price Range

If you’ve just started your college search, you may be shocked to discover that the cost of attendance at your dream school is tens of thousands of dollars per year outside of your price range. How does anyone afford college at this price? Very few students pay the sticker price to attend college Nearly all …
Charts showing that more than 50% of college students receive some form of gift aid, including federal and institutional grants and scholarships, to make college more in your price range
myths

College Myth: Financial Aid is Only for Poor Students

Many students from middle class and upper middle class families assume they won’t receive any need-based financial aid. This isn’t necessarily the case. Need-based financial aid Colleges and the government decide how much need-based financial aid you’re eligible for by subtracting your expected family contribution (EFC) from your college’s cost of attendance. If there’s a …
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myths

College Myth: I Don’t Need to Fill Out the FAFSA; I Won’t Get Financial Aid

There are students who think they’re won’t get financial aid from the federal government. Therefore, they sometimes don’t see the point in filing the FAFSA (Free Application for Federal Student Aid). However, these students don’t realize that they may be missing out on grants and scholarships from their college. They’re even missing out on low-interest-rate …