Many Students Are Missing Out On Financial Aid - KALB-TV News Channel 5 & CBS 2

Many Students Are Missing Out On Financial Aid

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When it comes to paying for college, every dollar counts -- but new nationwide research shows that our country's high school seniors are not doing all they can to get the financial aid they might need.

Many students are leaving lots of  money on the table by missing out on financial aid because they're not even applying for it. A survey by Evisors Network shows that two million students who could have qualified for Pell grants in the 2011 school year didn't.

Of that group  well over one million  would have received the full 56-hundred dollar need-based grant,  but the students didn't  fill out a FAFSA form.

The reason? the study found that nearly half of the students thought they were ineligible because their parents made too much money, even though income isn't the only thing the financial aid lenders look at.  

 

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