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College Students
You know the old saying…it takes
money to make money. This certainly is true of college. An
education is one of the surest ways to secure your financial
future, but it doesn't come without a price tag.
According to the U.S. Census Bureau, those with a bachelor’s
degree earn 80% more, on average, than those with only a
high school diploma—or more than $1 million over a
lifetime.
Reality check. The average tuition cost of a 4-year private
college just rose 5.6% to $18,273 a year. Average costs at
four-year public schools rose even more—9.6%—to
$4,081 per year.*
But while costs are rising, so is the level
of low-cost federal financial support available to help you
pay for your education. Over the past decade, student aid
has increased 117% and reached a record $90 billion in 2002.
Every year, over 75% of college students—that’s
over 8 million students—receive financial aid. Even
if you aren't a straight-A student or a star athlete,
you may be eligible for more aid than you think.
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Learn
Financial Aid Basics
Everything you need to know is right here, from completing
the FAFSA to
a month-by-month calendar of important information
and deadlines you don’t want to meet. |
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*Annual Survey of Colleges, The College
Board, 2002-2003. Average college costs include four years
of tuition, fees, books and supplies, transportation and
other expenses, excluding room and board.
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