Are you planning on enrolling in a higher education program? Regardless of the college or university you have your sights set on, you might need some help in the financial sense. This is where financial aid comes into the picture. It's not uncommon for potential students to apply for this, but there is considerable information that is, to say the least, inaccurate. Here are just some of the myths in question that Robert Jain can clear the air on.
"One doesn't have to fill out the FAFSA multiple times." This is one of the most common myths regarding financial aid that the air should be cleared on. Keep in mind that the amount of financial aid that a student requires is likely to be different from year to year. What this means is that, in actuality, one may have to fill out the FAFSA multiple times. This is just one of the many financial tips that names like Bob Jain can provide.
"If my family's income is too high, I can't apply for financial aid." While it can be argued that income is one of the factors that determine financial aid eligibility, there are others that matter just as much, if not more. These include, but aren't limited to, high school grades and SAT scores. If these are high enough, you will be able to benefit from the aforementioned aid. Don't let household income deter you from pursuing financial aid.
"Once you receive your financial aid package, you can't make changes." In fact, you can make certain adjustments to your financial aid package if you believe they're needed. These run the gamut from the specific amount you've been given to the personal information listed. All you have to do is contact your school, draw their attention to any errors, and see what can be done to amend them. Financial aid packages are more flexible than most realize.
"I didn't get approved for financial aid before, so why should I apply again?" This is the wrong mindset to have, as one's chances of receiving financial aid may change over time. In fact, they might change for the better. For instance, you might not have been in a great place financially when you first apply. However, if you are able to solve problems related to your credit cards or bank account, the aforementioned aid may be easier to obtain.
"One doesn't have to fill out the FAFSA multiple times." This is one of the most common myths regarding financial aid that the air should be cleared on. Keep in mind that the amount of financial aid that a student requires is likely to be different from year to year. What this means is that, in actuality, one may have to fill out the FAFSA multiple times. This is just one of the many financial tips that names like Bob Jain can provide.
"If my family's income is too high, I can't apply for financial aid." While it can be argued that income is one of the factors that determine financial aid eligibility, there are others that matter just as much, if not more. These include, but aren't limited to, high school grades and SAT scores. If these are high enough, you will be able to benefit from the aforementioned aid. Don't let household income deter you from pursuing financial aid.
"Once you receive your financial aid package, you can't make changes." In fact, you can make certain adjustments to your financial aid package if you believe they're needed. These run the gamut from the specific amount you've been given to the personal information listed. All you have to do is contact your school, draw their attention to any errors, and see what can be done to amend them. Financial aid packages are more flexible than most realize.
"I didn't get approved for financial aid before, so why should I apply again?" This is the wrong mindset to have, as one's chances of receiving financial aid may change over time. In fact, they might change for the better. For instance, you might not have been in a great place financially when you first apply. However, if you are able to solve problems related to your credit cards or bank account, the aforementioned aid may be easier to obtain.
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Kindly contact Bobby Jain for more details regarding what you've just read.. Unique version for reprint here: Financial Aid: The Myths That Robert Jain Can Clear Up.
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