The study found that 87 percent of parents believe scholarships and grants will cover at least part of their children's undergraduate expenses, and nearly three-quarters think their children are "special or unique" enough to win a scholarship.
Financial aid administrators said 92 percent of parents overestimate the amount of scholarship money their children will receive...
This is another reason it pays to start saving for college early. While I will try and get all the aid and scholarships that I can to help pay for college, i want these to supplement what I have saved so I can choose the best way to pay for the education. I'm learning early that getting organized early and saving opens up a lot of opportunities and will give me much more flexibility when it comes to my college education. I hope everyone reading takes the same steps...
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