Many of us dream of obtaining a higher education in order to fulfill our dreams; however the financial reality is that obtaining a college education can be difficult. While there are myths commonly circulating that there are a number of scholarships available to help defray the costs of college, the truth is that while you may be eligible for one or more scholarships these generally wont cover the entire cost of your education. Even in the event that you obtain a full ride scholarship covering the duration of your college there are other expenses that wont be covered. Therefore, it is imperative to look at all the ways you can utilize to fund your college education.
Its always a good idea to begin exploring financial aid as quickly as possible. Depending on your parents income you may or may not be eligible for federal financial aid; however, you never know unless you try. As soon as your parents have their income tax return information it is important to go ahead and fill out your FAFSA application and get it into the system. If you are eligible for financial aid you may qualify for grants, which do not have to be repaid once you graduate.
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