Myth Busters

   
  Do you feel like you are the only student having trouble paying for college? Feel like you are admitting defeat by applying for financial aid? Well, more students may be receiving tuition assistance than you think. What percentage of students would you guess are receiving some type of financial aid?  
  1 10% seems about right. I am sure most parents are much more prepared than mine and started saving 18 years ago.  
  2 20% and that is my final answer because most college students either have rich parents or are working their way through.  
  3 30%, because those are either the super smart students on academic scholarships or the sports all-stars on athletic scholarships.  
  4 Definitely over 50%. How else would one pay for college?  
   
  Grants and scholarships are a great way to pay for college because the money does not have to be paid back. It is a good idea to apply for grants and scholarships and exhaust any “FREE” money opportunities you have before you decide to take out money that does require repayment, such as a student loan. Many different organizations offer grants to students, such as  
  1 Businesses and community organizations  
  2 State and federal governments  
  3 Civic groups  
  4 All of the above  
   
  Do you know all the types of Financial Aid available to students? You have probably heard of student loans; however that is just one option students may choose to pay for college. Test your knowledge of financial aid by choosing which one of the following is not a type of financial aid:  
  1 Loans  
  2 Grants  
  3 Scholarships  
  4 Savings Accounts  
   
  Scholarships and grants are a great way to pay for college. You may think that a great grade point average is the only way to receive a grant or scholarship; however academics are just one of the criteria used to award students. What other criteria is involved?  
  1 Life experience  
  2 Financial need  
  3 Athletic ability  
  4 All of the above  
   
  Applying for Financial Aid is a lot easier than you would think, but you want to be sure you are on track so you do not miss out on any financial aid opportunities. Do you know which of the following are required to apply for financial aid?  
  1 Complete the FAFSA  
  2 Acceptance by a college/university  
  3 Enrollment in a degree program  
  4 All of the above  
     
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