If you make any one of these mistakes, it could end up costing you thousands, or even tens of thousands of dollars by way of lost funding that you might have been eligible for.
I don't want you to make these "unforced" errors. So that's why I've devoted this chapter to teaching you how to avoid these common mistakes, so you can obtain the maximum amount of money from each school your child applies to.
Mistake #1: Most middle and upper-middle class parents assume they won't be eligible for financial aid because they own a home and make too much money.
Reality: Most families with incomes ranging from $40,000 - $120,000 per year who own homes are eligible for some form of financial aid. There is billions (with a "b") of dollars available each year from the Federal Government, the states, colleges and universities, and private foundations and organizations.
You have to know how to get your "share". Unfortunately, most parents give up before they even start and assume they won't be eligible. This is exactly what the government and colleges hope you will do so they can keep more of these funds.
Don’t make the mistake of not applying for aid! If you fall into a "high earner" category, make sure you apply; you'll probably be eligible for SOME money.
Even high-earning families (those making six figures and more) can get a ton of money for college. Many make the mistake of not applying!
www.freecollegeeducation.com
Monday, February 9, 2009
Mistakes people make when trying to find money for their college education”
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