The world of financial aid and college scholarships is often perceived as nebulous and daunting—and rightfully so. Myriad abbreviations such as EFC, COA, and AGI repeat across FAFSA (Free Application for Federal Student Aid) pages and websites. Understanding net price calculators becomes as critical as learning the difference between subsidized, unsubsidized, Stafford, Plus, and Perkins loans. Not to mention…

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