myths

6 Myths About Federal Student Loans

By Ellen AndersenLast updated on December 22, 2022

Taking on student loans is how many college students can afford to go to college. They are often part of financial aid packages from colleges and universities. These student loans can seem daunting, especially with student debt being the highest it’s ever been. But one of the best ways to make something less scary is …

myths

Myths about Student Loan Refinance and Consolidation

By Hilary CairnsLast updated on December 22, 2022

Necessary knowledge of student loans doesn’t end after you’ve applied and accepted the granted loans. After college, whether you graduate or leave early, you will be responsible for repaying those amounts so it pays to understand how to do that, which may include loan refinance and consolidation. However, there are a lot of myths floating around …

myths

Believing In These Two Student Loan Repayment Myths Can Cost You

By College Raptor StaffLast updated on December 22, 2022

With several myths about student loan repayment floating around, it can often become difficult to separate fact from fiction. Here are two of the more common student loans repayment myths that college students believe in because they offer some sort of hope. Unfortunately, believing in these falsehoods can cost you considerably. Student Loan Repayment Myth …

myths

Financial Aid Myths That Are Costing You Money

By College Raptor StaffLast updated on December 22, 2022

When it comes to financial aid, believing in a few myths can cost you a lot. Every year, students lose out on thousands of dollars that they could have gotten by way of scholarships, grants, and federal student loans simply because of a few prevailing misconceptions. Take a look at some of the common financial …

myths

Myth: There Are Many Unclaimed College Scholarships Every Year

By Ellen AndersenLast updated on December 22, 2022

We’ve all heard it. This idea that there are billions of dollars that are hiding away somewhere for college education. While there are indeed billions of dollars awarded every year, the myth of the unclaimed scholarship money is just that—a myth. Though there is some debate, this myth is thought to have its origins in …

myths

Myth: I Can’t Apply for Scholarships During Second Semester

By Hilary CairnsLast updated on December 22, 2022

Did you think scholarships were only for high school students and incoming freshman? Not quite! There are actually quite a few scholarships you can apply to while you’re in college. Some of the scholarships listed below have due dates in January, designed to be applied for right during the start of your second semester of …

myths

Myth: Public College is WAY more affordable than a Private College

By Jasmine BarnesLast updated on December 22, 2022

Cost is one of the most important factors to consider when choosing a college. It could mean the difference between graduating with a mountain of student debt, or very little (or none) at all. But which is more affordable: public college vs private college? The answer isn’t as clear cut as many believe! Public vs …

myths

Myth: I Should Only Apply to Full-Ride Scholarships

By Morgan StaubLast updated on December 22, 2022

When applying to colleges, it is important to pursue all possible avenues that could give you or your family a financial break. The costs of college tuition have been rising steadily over the past decade or so. The average cost of an in-state public school over four years, which is widely considered (rightfully) to be …

myths

6 Student Loan Myths

By Ellen AndersenLast updated on December 22, 2022

Dealing with student loans can be overwhelming. And the many loan myths surrounding student loans only add to the stress and overwhelm. A lot of the fear about student loans stems from misconceptions that surround them. As a rule, when in doubt, always call your student loan servicer and ask. They are the most reliable …

myths

College Myth: Only Students with a 4.0 GPA Get Scholarships

By Allison WignallLast updated on December 22, 2022

There is such a heavy emphasis placed on good grades and a high GPA–and for good reason, of course. GPAs can determine anything from college admissions to selective schools to qualify for scholarships or grants. What happens if you’ve got a few B’s thrown in there with the other A’s? Or what if you have …