What most parents don’t realize about financial aid

A lot more about parents now was relying on school funding so you can cover the cost of attendance for their children’s college education. Very, why you should save your self getting college whenever there are enough school funding to pay for it, proper? Wrong.

School funding is a superb way to let complement the price regarding gonna university, however, there is a large number of reasons for having the fresh school funding plan you might not discover.

Basic, we need to discuss the a couple of different kinds of school funding-“totally free money” and “not totally free money.” “Free money” ‘s the a portion of the educational funding plan which you do not have to pay-off-think provides and you will scholarships and grants. “Not free currency” try currency you will have to blow back, or perhaps in the outcome out of functions-analysis, strive to secure.