![\"Top](\"https:\/\/examplesofpersonalstatements.com\/wp-content\/uploads\/2015\/09\/Top-7-misconceptions-about-financial-aid-300x200.jpg\")
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There are many misconceptions about financial aid.\u00a0 Many people are afraid to request for financial aid because of these, especially because of the top 7 false beliefs.\u00a0 Financial aid is actually more easily granted than most people give it credit for.\u00a0 It is a purely defeatist attitude to say that it is just too impossible to get the grant before even trying to apply for it.<\/p>\n
Requirement-based misconceptions<\/strong><\/p>\n Financial aid seems to be the sort of thing that your straight A student friend has, or something that you can attribute to a classmate who is being raised by his grandparents.\u00a0 Anyway, those are two misconceptions.\u00a0 One misconception is that financial aid is only offered to the gifted ones: the straight A students, the outstanding athletes and the promising musicians or leaders.\u00a0 Financial aid actually does not discriminate.\u00a0 Once the need is established, you can be granted aid.\u00a0 Two, you can only apply for financial aid if you are obviously poor.\u00a0 This misconception can also be reiterated by saying that if you are wealthy, you cannot apply for financial aid.\u00a0 Actually, the basis for the grant is not wealth but need.\u00a0 Apply for the aid even if you think you are too well-off.\u00a0 Then you will be given an Estimated Family Contribution (EFC) based on your family\u2019s wealth and expenses.\u00a0 A third misconception based on requirement is that a foreigner cannot apply for financial aid.\u00a0 If you are a foreign student, look for schools that thrive on being multi-ethnic or you can try for athletic or academic scholarships.\u00a0 The last but not the least misconception based on requirement is that part-time students cannot apply financial aid.\u00a0 Having less credits in school does mean that you do not need help.\u00a0 You have to maintain a minimum of six credits however.<\/p>\n Misconceptions on financial aid itself<\/strong><\/p>\n Three misconceptions on the idea of financial aid are: that millions of dollars intended for financial aid are unclaimed every year, loans are not financial aid, and you can apply for it at the last minute.\u00a0 The first two are somewhat related.\u00a0 The first misconception can be a line from a scam.\u00a0 Be wary of people offering financial aid that will be needing an initial fee.\u00a0 Because the government is responsible for about 70% of the aid, there may not actually be enough for all those who need it.\u00a0 This means that the government also offers financial aid through loans.\u00a0 Student loans are also financial aid, but in a different form. Now that you know that financial aid reaches those who need it, you have to be on time with your application; many people will be needing the grant.<\/p>\n There are examples of personal statements that can help win financial aid<\/strong><\/p>\n Do you know that your personal statement can help you not just get in a college or graduate school but it can also earn you financial aid?\u00a0 Excellent examples of personal statements will show the admissions office that you are truly worth the grant.\u00a0 You must be able to convey your purpose and goals.\u00a0 Anyway, you must be more confident now that you know how much easier it is to get financial aid.<\/p>\n Photo Credit : jenn jenn<\/p>\n","protected":false},"excerpt":{"rendered":" There are many misconceptions about financial aid.\u00a0 Many people are afraid to request for financial aid because of these, especially because of the top 7 false beliefs.\u00a0 Financial aid is actually more easily granted than most people give it credit for.\u00a0 It is a purely defeatist attitude to say that it is just too impossible […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-57","post","type-post","status-publish","format-standard","hentry","category-scholarships-and-financial-aid"],"_links":{"self":[{"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/posts\/57"}],"collection":[{"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/comments?post=57"}],"version-history":[{"count":1,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/posts\/57\/revisions"}],"predecessor-version":[{"id":59,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/posts\/57\/revisions\/59"}],"wp:attachment":[{"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/media?parent=57"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/categories?post=57"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/examplesofpersonalstatements.com\/index.php\/wp-json\/wp\/v2\/tags?post=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}