The Big Mistake Students, Families Make with Financial Aid

As the cost of higher education continues to rise and student debt Opens a New Window. loads pile up, there is one mistake many families make when it comes to lowering college Opens a New Window. expenses.

Each year the Department of Education awards about $120 billion in grants, loans and other funds to help millions of students afford education costs. It is the largest provider of student financial aid in the country.

But, even though people appear to be familiar with the Free Application for Federal Student Aid (FAFSA), many still fail to apply.


*Content Derived from Foxbusiness.com

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