There is so much misinformation surrounding the financial aid that is costing eligible families thousands of dollars every year, some of which is grant or discounted college programs. Separating the myth from reality will reveal opportunities to secure college financing that you may not have considered or even known existed. Shockingly, it is estimated that there is as much as $245 billion in total financial aid available, much of which is untapped. So the funds are out there. To secure your piece of the pie you need to calculate your family need. Once you’ve applied and have been accepted to your college of choice, you need to determine the cost of attendance (COA). The COA includes tuition, books, room & board, etc. Then you need to determine your expected family contribution (EFC). The EFC is comprised of parents and student ‘s earned income, assets, ages, the number of children in school, etc. Then you subtract the EFC from the COA and the result is the aid your family is eligible for. The four main sources for college financial aid are the federal and state government as well as college (university) and private sources. The first step is to apply. No   Read more…