Confusing Financial Need With Financial Aid

Many families will confuse their financial need, as determined by subtracting the Expected Family Contribution from the Cost of Attending a college, with the actual financial aid that they will receive from the colleges and universities. They often make this assumption after they apply to schools that as a matter of policy carry out their admissions process in a "need-blind" manner. The assumption is that need-blind admissions leads to meeting all your financial need. Making such an assumption can be a big mistake.A need-blind admissions process simply means that a college or university will

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