This article is about designed to help students succeed in getting financial aid. It offers 4 financial aid myths to avoid.

2. Your earnings only make up a portion of the equation. When applying for financial
aid you will have to get an EFC number. An EFC or Estimated Family Contribution
will determine your eligibility for aid, not just your earnings. Freedigitalphotos.net

3. Most colleges won’t even take home ownership into consideration when
determining eligibility for aid. Colleges determine aid by the information on you
FAFSA application and your EFC number. Freedigitalphotos.net

4. Only in rare circumstances is your account balance even considered.
Freedigitalphotos.net

5. Financial aid forms really do take a long time, but you cannot possibly hope to get
aid without them! It is easier to fill out the forms when you have all the materials
ready. Commit to filling it out it’s worth it! Fafsa.ed.gov Freedigitalphotos.net

6.  Most importantly, when applying for
aid, never assume that you won’t
qualify. If you don’t qualify there are
other forms of aid out there like
scholarships and grants. Do your
research and the work and you can get
help with paying for school! Good luck!