Financial Aid: Fact or Myth?

Student in graduation cap, shrugging shoulders

You likely have a lot of information about financial aid. Sprinkled in there are facts along with a few myths. Let’s set the record straight on a few of the more common myths.  Remember, we’re here to help!

Myth:
I won’t qualify for financial aid because my parents make too much money.

False:
There are a number of factors that are taken into consideration when applying for financial aid. Income, family size, how many are in college (excluding parents), the year in college and the age of the parents are a few of the factors. Always apply to learn about your options.


Myth:
We only need to complete the Free Application for Federal Student Aid (FAFSA) for all types of financial aid.

False:
Certainly completing the FAFSA each academic year is the most important first step in seeking financial aid. Don’t stop here. There are many other funding options from the college, government, local businesses, community organizations, religious organizations and private sources. All students are highly encouraged to explore and apply for the many scholarship opportunities available.  

Myth:
It takes too long to complete the FAFSA, I don’t have time.

False:
Generally, the FAFSA takes about 30 minutes to complete. It will go quicker if you are organized. Harper has prepared steps to take Before Filing the FAFSA, File the FAFSA and After Completing the FAFSA to guide you through it.

If you are not sure, we always are here to help.