Lesson 7: What You Don’t Know About Financial Aid Could Cost You

Here’s a troubling statistic: One-quarter of college-bound high school students don’t fill out the FAFSA, sometimes because they think they won’t qualify (many would have), and other times because they think it may be too complicated. The result is that an estimated $1 billion in aid, grants, and scholarships goes unclaimed each year. In fact, 85 percent of undergraduates receive financial aid-and that number could (and should) be higher! Our Editor-in-Chief Rob Franek will walk you through how and when to fill out your FAFSA and other financial aid forms so that you won’t leave money on the table. He’ll also offer strategies and tips for comparing financial aid packages and appealing for a better offer. You can do it! Watch to find out how.
About this Learning Playlist: In “College Admission 101,” The Princeton Review’s Editor-in-Chief Rob Franek breaks down the most complex parts of the college process-and teaches you how to set yourself up to find, get into, and pay for your dream college.
About us: The Princeton Review is a leading tutoring, test prep, and college admission services company. Every year, we help millions of college- and graduate school-bound students achieve their education and career goals through online and in-person courses delivered by a network of more than 4,000 teachers and tutors, online resources, and our 150+ print and digital books published by Penguin Random House.
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[@jevontonehtx]

Where is this statistics of 85% coming from?

[@ThePrincetonReview]

Thanks for your question. Here are the stats from the NCES:
nces.ed.gov/fastfacts/display.asp?id=31