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When evaluating the affordability of college, consider
your resources, including financial aid. If you or your family feel that
you need financial aid but you're not sure you qualify, the best advice
is to apply anyway. You may be eligible for merit-based financial aid
regardless of your eligibility for traditional forms of need-based
grants and loans. In 2006-2007, about $130 billion in financial aid
was distributed, averaging $9,500 per full-time student (The College
Board, Trends in Student Aid: 2007). |
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