Infographic: The Myths of College Financial Aid

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Paying for your college education is often one of the first major expenses that a young adult would rack up. The average annual cost of an education at a private college in the US is now $35,636 and rising annually, especially for advanced degrees.

As such one of the most common routes that young adults turn to to pay for their college expenses is through the use of financial aid. However, over the years, some myths of financial aids have emerged that have led to missed opportunities for students. Here are 8 of the most common myths associated with college financial aids.


Paying for your college education is often one of the first major expenses that a young adult would rack up. The average annual cost of an education at a private college in the US is now $35,636 and rising annually, especially for advanced degrees.

As such one of the most common routes that young adults turn to to pay for their college expenses is through the use of financial aid. However, over the years, some myths of financial aids have emerged that have led to missed opportunities for students. Here are 8 of the most common myths associated with college financial aids.

Financial Aid Myths
Created by: Online Graduate Programs

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