All Myths Articles

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 …

Each year, about $46 billion of scholarships and grants are awarded by schools and the federal government. An additional $3.3 billion is awarded by private sources. There is a lot of aid out there, but it isn’t all awarded to just the graduating high school seniors. Myth: only high school seniors can apply for scholarships. …

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 …

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 …

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 …

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 …

You’ve probably heard horror stories about students who pay $60,000 plus every year to attend college. If you’re an average middle-class college hopeful, this can be disheartening. It seems like college is for rich kids only, and not as accessible to other students. The good news is that the most-often quoted price–the sticker price–is paid …

Most students who consider attending an Ivy League college, like Harvard and Stanford, think of them as dream schools. Even some well-qualified students shy away from applying. They think they could never afford an Ivy League college. The good news is that, for most students, Ivy League colleges and other elite, selective universities are often actually …

Applying for financial aid can be tough. Beyond the complicated jargon and long forms, financial aid is tricky. Not only that, there’s a lot of conflicting and misguided advice. For example, most people think that they should apply for financial aid after they get accepted. However, this isn’t usually the right approach. We broke down …