Paying for College

Four Financial Aid Myths Debunked

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According to our annual College Hopes & Worries survey, 83 percent of parents and students expect their college costs to total more than $50,000 (and 37 percent estimated more than $100,000!). Almost every applicant, in other words, is thinking about how to actually pay for their tuition. While some of the horror stories you may have heard from such constant conversations about money may be true, there are certain “facts" that are actually closer to fiction. Here are a few myths that might be keeping you from reaching for your full financial aid potential.

Myth 1: A School with a Lower Sticker Price Is Always the Better Deal

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