St. Scholastica seeks to clarify financial aid misconseptions

By KBJR News 1

St. Scholastica seeks to clarify financial aid misconseptions

July 29, 2014 Updated Jul 29, 2014 at 5:02 PM CDT

Duluth, MN (NNCNOW.com) --- Financial aid is not a "one size fits all" deal.

College Administrators at St. Scholastica in Duluth held a panel discussion on Tuesday emphasizing that point in an effort to educate the community on the ins and outs of financial aid.

Panelists say the term "financial aid" comes with many myths, especially for adults who are going back to school.

A common misconception about financial aid is that people assume they'll get the same aid as a family member did on another occasion.

"I find that some students think that because they have an undergrad degree, a bachelors degree, they can't get a masters degree unless they have all the money through their employer, or from their paycheck, that it's going to come out of pocket, but there actually is financial aid available at the graduate level," said Breanne Tepler, admissions counselor at CSS.

Administrators say their hope is to dispel these commonplace myths by holding community conversations like these.