In celebration of Financial Aid Awareness Month, today we are going to bust some of the most popular college financial aid myths. (Which ones have you heard before?)

Let’s get started:

Myth #1 – Star high school athletes always receive full-ride athletic scholarships for college

All of us have watched truly talented athletes play on our home fields and courts. It’s natural to assume these local stars are shoe-ins for scholarships. But the harsh reality is, there are stars in every high school in every state and the competition for limited college athletic scholarship dollars is stiff. Many of these athletes will play at the college level, but the NCAA only awards athletic scholarships for Division-I and Division-II schools (usually those large, competitive schools you see playing sports on TV). These scholarships are rarely “full-ride” scholarships, and only about 2% of ALL high school athletes receive these scholarships.

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Tags: athletic scholarship, college financial aid, FAFSA, financial aid
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