Myth: Only Top Athletes and 4.0 Students Get Scholarships

There is a pervading myth that you have to be the best of the best—either in athletics or academics—in order to win a scholarship. Such a lofty requirement might scare away some students from even trying to apply for scholarships. The fact is, while good grades and sports skills can earn someone scholarship money, they’re …

6 Myths About Federal Student Loans

Taking on student loans is how many college students can afford to go to college. They are often part of financial aid packages from colleges and universities. These student loans can seem daunting, especially with student debt being the highest it’s ever been. But one of the best ways to make something less scary is …

Myths about Student Loan Refinance and Consolidation

Necessary knowledge of student loans doesn’t end after you’ve applied and accepted the granted loans. After college, whether you graduate or leave early, you will be responsible for repaying those amounts so it pays to understand how to do that, which may include refinancing and consolidation. However, there are a lot of myths floating around …

Financial Aid Myths That Are Costing You Money

When it comes to financial aid, believing in a few myths can cost you a lot. Every year, students lose out on thousands of dollars that they could have gotten by way of scholarships, grants, and federal student loans simply because of a few prevailing misconceptions. Take a look at some of the common financial …

Myth: I Can’t Apply for Scholarships During Second Semester

Did you think scholarships were only for high school students and incoming freshman? Not quite! There are actually quite a few scholarships you can apply to while you’re in college. Some of the scholarships listed below have due dates in January, designed to be applied for right during the start of your second semester of …

Myth: I Should Only Apply to Full-Ride Scholarships

When applying to colleges, it is important to pursue all possible avenues that could give you or your family a financial break. The costs of college tuition have been rising steadily over the past decade or so. The average cost of an in-state public school over four years, which is widely considered (rightfully) to be …