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A week ago, I thought educational funding was akin to black wonders. All We know certainly was it “support children pay money for college or university.” We was not sure exactly how otherwise exactly who entitled to they, and i had a sense We was not the only person life during the ignorance.
Rebecca Decker is actually a keen admissions specialist to have Pearson Expidited Pathways and could have been playing with the lady possibilities to greatly help countless college students make an effective economic conclusion over the past seven years (not to mention the latest couple of years she invested researching and managing her very own school funding in college or university).
Immediately after an hour or so-and-a-half-long discussion which have Rebecca, breaking down what financial aid was as well as how it really works, I discovered this bodies-paid financial system needless to say is not black colored miracle…however it actually just a good fairy godmother possibly.
What’s School funding?
Most college students do not have the ability to pay for college or university aside off wallet. Provided tuition, books, space and you will board, or other associated charge, the purchase price is reasonable. Not surprisingly, extremely college students need to browse financial aid choices.
School funding consists of many areas that will pupils pay money for college or university, such as for example scholarships, gives, financing, and you can work-investigation software. Though some sorts of services don’t need to be paid back, other people perform.
It wasn’t up to We talked in order to Rebecca which i unearthed that financial aid doesn’t usually mean “free money.”