College is a rather daunting subject, for both parents and students.
"Although more than half of the top 100 universities, eight of the top ten, are American. There is no doubt that the scientific output of American institutions is impressive; as they produce most of the world’s Nobel laureates and scientific papers. [Additionally] there is no question that college graduates, on average, still earn far more and receive better benefits than those who do not have a degree." Nonetheless, there is growing anxiety in America about higher education. A degree has always been considered the key to a good job; but rising fees and increasing student debt, combined with shrinking financial and educational returns, the value of a degree is being questioned. |
Collegeboard.orgThe College Board is a mission-driven not-for-profit organization that connects students to college success and opportunity.
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Federal Student AidFAFSA stands for Free Application for Federal Student Aid. This form is used to determine the amount of money a family is expected to contribute to the price of attending a postsecondary institution. The results of theFAFSA are used in determining student grants, work study, and loan amounts.
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MoneyGrants and scholarships are not the same thing, and the two terms are often confused. Scholarships are usually merit based. This means that they are given to prospective recipients based on desired qualities such as athletic ability, academic achievement or involvement in a certain extra-curricular activity. Scholarships can also be based on particular traits like ancestral background or group affiliation; either way you need to know what funds you can get to help you get to college!
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