Title: College Financial Aid - What Savvy Parents (and their Teens) Need to Know

Word Count: about 1900 words

Abstract:

Parents of teens need to understand how the college financial aid system works – and, more importantly, how to make it work for them. This article explains the truth behind the myths about college financial aid and secrets to working the system.

Excerpt:

So, you have a teenager – and suddenly college doesn’t seem far away. Choosing and applying to colleges is one maze you and your teen will need to navigate together. Paying for college is another. With this roadmap of how the college financial aid system works, you and your teen can navigate successfully.

Myths about paying for college

Many families fear they won’t be able to afford to send their child anywhere but an in-state public university. However, due to the way financial aid is distributed by different schools, it’s quite possible that an “expensive” private school could end up costing your family the same or less than a state university.

“But we probably won’t qualify for financial aid,” you may say. This is actually one of the biggest myths surrounding college today. If you allow yourself to believe it, you may end up spending literally thousands of dollars unnecessarily on your teen’s college education. With some savvy planning, you can ensure that your teen gets a college education without spending more than you have to…

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