Rob Franek, editor-in-chief at The Princeton Review, is the company’s main authority on higher education and is a college aficionado -- he visits more than 50 colleges a year. Over his 24-year career in education, he has served as a college admissions administrator, test prep teacher, author and lecturer. He is lead author of The Princeton Review’s annual books, The Best 382 Colleges, and Colleges That Pay You Back: The 200 Schools That Give You the Best Bang for Your Tuition Buck. He is also author of Colleges That Create Futures: 50 Schools That Launch Careers by Going Beyond the Classroom and co-author of If The U Fits: Expert Advice on Finding the Right College and Getting Accepted. Rob gives dozens of presentations a year to audiences of teachers, parents and students on trending education and college topics. Follow his tweets at @RobFranek.

The college application process is complicated enough already, so don't throw in any extra misconceptions. This is especially true when it comes to financial aid and the accumulation of debt, which our College Hopes and Worries survey has found to be the biggest worry for prospective students and their families since 2013! To help ease that worry, here are three misconceptions commonly associated with financial aid.

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