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[quote=Anonymous]There’s so much misunderstanding and bad information on here about Financial Aid, it’s amazing. Their websites frequently outline their Financial Aid programs. They will show the total amount of FA given, how many students receive FA and what the average FA grant is. The average amount of FA is important since half of all recipients get less than the average amount. That’s just how statistics work. Very large FA packages that would enable “poor” people to attend do happen, but they are rarer than hen’s teeth. A typical FA statement might be, “25% of students receive FA packages that average half of tuition”. That means at least half or more of FA recipients, still have to pay 50% or more of the tuition. Most FA isn’t for poor people. It’s for those that have a hard time affording full tuition and need a discount to make it work.[/quote]
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