Financial Aid - Common Misconceptions and What They Mean to You

Families and students need to realize that the financialtuition they cannot go to college. That's when the
aid office is the best source of information for them.financial support comes into place; the less money
You might know what college you want to attendthe family has available the more money financial aid
but maybe you're not sure how to pay for it. Theoffice will help them with. So it is strongly urged that
schools' financial aid office is where money miraclesyou apply regardless of your finances, because you
occur. It's very important once the families make acan get financial support and money issues should not
decision as to which institution their child wants to gohinder your child from having a decent education.
that they schedule an appointment with the financialAlso, many students think that if they are applying
aid office.for financial aid, their chance of getting into a college
Thousands, maybe millions of high school graduatesis reduced. The admission office simply admits
miss out on advanced education opportunitiesstudents based on the academic background. What
because of faulty assumptions and misconceptions.the admission office will do is that they will notify the
One of the most common misconceptions that thefinancial aid office when a student is admitted into
students have is that if the student is a US citizenthe institution. Therefore, that actually kicks off the
and the students' parents are undocumented, thatprocess of financial support.
the student cannot apply for financial support. That isOnce you do apply, the financial aid office will
completely incorrect. As long as the student has adetermine your award in two ways. The first way is
green card, permanent residency card or the studentbased on need, which is determined by household
is a legal citizen, the student is definitely eligible toincome. The other one is merit based, which is based
receive financial support. The legal status of parentson the academic performance and talent of the
doesn't affect a student's ability to apply for financialstudent. You can also apply for government grants
support.that can help provide you with support for free,
Students often believe that if they can't pay forprovided you qualify.